weve been at this low 8ish for a week now, i think this is the bottom, if no "really bad news" occurs in main stock market. i just bought my last 500 shares on margin. i think we go up from here no matter what since earning season and the holidays are here to push us higher. thats usually what happens. anyone?
I think you're right on there. When 500k people are paying 8.3 - 8.5 one day they'll be buying on dips the next. Slowly the stock is changing hands and the new buyers will hold for the next leg up.
Volume dried up as it tested support and a 80,000 share sale at market the other day moved the price down a whole 3 cents. Seems there is something trying to get started here. There really is a lot of interest in commodities and mining right now, so I doubt this will stay down for much longer as people look for more things to move higher.