Something Keeping This Propped

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jcwillis

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Something Keeping This Propped

posted on Aug 22, 2012 04:16PM

Having a difficult time getting past the buck resistance. Then, there is the MA50 resistance that is trending slowly down and just above a buck at this time.

Can't help but notice that it appears this is being "propped" around a buck. Maybe the company has convinced someone with deep pockets that it will be worth their while to keep sp avg just above a buck to help the company with the NYSE concern of 30 Day sp avg.