All,
In watching nearly a million shares change hands all in relatively low volume trades this morning, I for one am encouraged to see that some profit taking and short selling is having little impact on the new price substantiation that was was established on Friday.
I am willing to venture that $1.00 is the new floor for the share price and that the profit takers and short sellers activity will dry up within a day or two. The float is too small to support this level of activity for too long.
Any other thoughts on this topic ...
Please share your opinions