ALLEN 4- "You guys have the level2 so I guess you know. I just don't see any discernable trend at this point looking at 5 day chart, one month chart or even three month chart. The currents bids and asks do not make a trend to take us down to 30s"
No, I am not saying it will go down to $.30s..... I am plainly asking how low it will go this time round as $.45 support has been broken...... as there's no buyers to buy these over 80K shares at $.45. We need some aggressive buyers to scoop up these shares and rebuild the base there. Yes, Merrill Lunch is buying, but only in small amounts..... not decisively?!
We need heavy / aggressive buyers to take out shares at $.45 and stack up the bids to over 100K again there..... Otherwise, support at $.45 is gone.