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Message: bouncing off the 200dma?

Too early to tell, but if it does it'll look like a good call by Koo....I had speculated on the bottom being in the 1.50 to 1.70 range, and Koo mentioned the potential for a drop to the 200 dma. In a way I'll say we were both right....as the lowest I've seen the ask today is $1.50....but there have been some trades at 1.45, which is right on the 200 dma.

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