Closed DOWN 6.3%

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jcwillis

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Closed DOWN 6.3%

in response to

Another 15% DOWN

jcwillis

posted on Dec 21, 2011 05:00PM

Bit of a comeback. Closing at 0.5650 on 7.73 million volume.

Interest definitely there. Value players making a move thinking just under four bits was the bottom. Regardless, 50DayMA should be strong support.

Need to see a couple of higher lows in a row to be convinced the P&D selling is over.

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