I truly hope this makes sense to all involved her
Post# of 56323
This is my theory.
Based on the past news it was not surprising that the pps went down. period. That should have been expected with no news to counter from the company. Period. so, allow me to guess at the following, if I may, in light of the day following days pps movement
What I see short term is a 0.0526 low with a positioning of a buy at 0.533 for a long position.
Now, that being said we can easily go down to the 4s with the help of the MM's and most likely to the 4 fives to the 4 nines because they want to buy in at those price points.
That said. Again I have to say that it is not the company that is at fault here, it is the Government. Or, I would suggest lower.
So, if you are a flipper, and looking to increase shares, there you are. Once we hit the lows projected above, you will be able to increase your holdings, provided you bought in lower.
If not, then, please hold. The pps will rise again simply based on the technical data back to the original channel we began with yesterday.
For tonight, that is my judgment of this. Do what you choose, based on the data you have, and what I have supplied to you, in the past month or so. GLTA, This is not a buy or sell recommendation, just thoughts on the past couple of days. GLTA