It was overbought and we are seeing the expected reversal.

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quick_wit dman #35535
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It was overbought and we are seeing the expected reversal. Relax, it will make a hard bounce once it bottoms at .03>.05. Then we'll see .11>.13 as it becomes overbought again. The catalysts for a strong, long run are still a ways off. After all, right now they have no money, only limited inventory and fairly unimpressive revenues. Savvy investors are swing trading this to accumulate a large base of "free" shares so as to capitalize on a run when catalysts materialize.
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