Hold on to your cash! This baby is due for a dramatic action. It looks like a sharp drop on increase volume taking it much deeper to the down side to set a "hopeless" situation for the long who are deep under water and those who bought it on margin loan. Then there will be a pop. I don't know if the pop will be 66% like last time (I doubt it will be a huge one as people have woken up that the promises won't come true in the next 3 months - if ever!) Still there should be a pop/deadcat bounce or whatever you call it. And it's a chance to make some money or to get out some for some.
I am holding my cash ready just in case the drop is enough to tempt me to take a punt.
AC8 Price at posting:
37.5¢ Sentiment: None Disclosure: Not Held
