Nice volume today in relative terms 600k shares traded. 90% traded at the offer. Small retail order 220k @.0475. I anticipate we will be .05 or higher next 5 days in my opinion. Is there any doubt someone has been buying size .03 to .044 the last 15 days??????? Tomorrow is Friday I believe the .0475 offer will fall its only 9k dollars. Bids are starting to walk up as I saw as high as .0451 today. Once .0475 falls .05 and higher is up.
Bottom Line: We said last week the .03 to .039 pattern was broke a positive development. now .0420 to .0440 with 850k shares trade. Higher highs and higher lows. .0475 is the highest close for 2016. If I had to guess there is less than 1m shares to .06. only 60k dollars.