I am very pleased to see NOT touch a near $2.00 close yesterday and pass through that ceiling today after what could have been interpreted as a no-news NR.
We all know that the big boys loaded up at the +/- $0.60 level so they are most likely all patting themselves on the back now for their astute buys and a triple ... near quadruple return.
I would love to see some institutional late comers load up at this $2.00 ++ level as it would reassure me that $6.00 to $7.00 is possible.
If they start dumping or hold I suspect that the short term top is in.
I think that the BNN broadcast will bring the traders and short term folks to the table tomorrow and even into next week if NOT jumps tommorrow
But I think that if the MM's and the big players appear between now and the expected NR, we will fly to $6.00.
If I were King of the World, Wes would hold the next NR off for a week or so.
Having said that; I laugh, as I know I am retail dirt. Therefore the NR will likley be tomorrow.
Take Care LongFellows ... and keep that exit point in mind. This journey is going to take years
Aafab