Again yesterday you have to be very encouraged!!! Yesterday was the 1st back to back close of over .05 since 7/23/2015 and 7/22/2015!!! The tape never lies. I will say that the buyer/buyers are actively watching what blocks are out there and taking all inventory especially the last 5 out of 6 sessions. ISN'T IT OBVIOUS TO EVERYONE?????????!!!!!!!!!!!!! MY prediction is we will see a print of .06 or better in March which is a drastic improvement from the .02 area. People had 10 months to accumulate .02 to .03 as quite a few shares traded in that area. The tape action is the best that we have seen in quite some time. A pessimist will argue that we traded just 276k yesterday or 10k small amount dollar wise. However an optimist will say we don't need substantial volume to head higher. There are eyes on this as again all offer stock is being bought consistently. I believe the 220k offer is down to 70k and I suspect within the next 5 days we get close to .055 to .0575 area as the step ladder will continue.
Bottom Line: There is a talking head on another board stating certain criteria must be met such as 500m shares to get to .20. So if we use his data 250m shares will get us to .10. And 125m will get us to .075. If you elect to listen to Jim Jones Koolaid because I guess he missed the move and is talking his book then fine. However if you use your set of eyes there is no inventory!!! DOES ANYONE SEE WDCO??????????????????? WELL OF COURSE NOT AS NO .05 SHARES ARE COMING OUTARE THEY????????
.06 plus in March with or without news. Function of supply and demand. I believe less than 4m to 5m aggregate volume takes us to .07 to .08 imho. YOU FIGURE OUT FOR YOURSELVES!!! Or listen to a talking head 500m shares.