This volume uptick seems to happen once or twice a week, then they let it slide a little by weakening the buy side to pick up the weaker hands. A good sign of accumulation, imo, probably proven in part by the steady increase in holdings from Acorn.
As for today, hard to tell. Perhaps with an expected drop in the overall market we could see another pullback and soak.
Bodes quite well for the longer term though. As trythree mentioned too, directors and funds buying the placement in May at 45 cents is a positive, with directors spending ~$8 million at 45 cents in that issue.
Holding and looking for a steady rise.
E88 Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
