This has been very, very accurate. Saw it a mile away.
Don't worry as there should be a dead cat bounce at $5 because unlikely to have 6 down days by Friday. Also, that would be the third bounce off the lows (hopefully). Remember there is no news catalyst for remainder of year and all the tax selling will push this down further.
Also, remember NO ONE writes any articles about this on Seeking Alpha. And, there are NO ANALYSTS promoting or writing any analysis of the company. So, few people know or are aware about it. Those that bought in $1.50 will clearly be selling to lock in gains as they see this falling more and more on very light volume.
There is only the market maker here catching the falls. Trust me, if there was no market maker, it would drop by $1 for the 34,000 block that was sold. Look for $5 range or under by Friday. That is, dropping 20 cents a day.
It may go down and stay down pass $5 now as so many more people margined at over $6 this third time it has gone down to this range.
OXBT is almost the quadrupled just 2 months ago. You can't get better than that. I know, i know, almost all of you reading this bought at $8-11 and praying it goes back. Just thank God it is only at $5.52.
MERRY CHRISTMAS.....have a good one with your families and don't waste time reading these message boards. That is a clear sign you are a gambler; hoping minute by minute or day by day the stock goes up.
And NIHD is at record low.
Sorry for all of those who held.
Thought this would happen on Friday, but delayed by one day and exactly occurred on Monday. $5.20-$5.30 tomorrow on tax loss selling and almost no buying like the last few days. The broker dealers and the market makers are cleaning people out.
Possibly under $5 by Friday.
why are you such a mad person instead of answering a simple question? Are you employed? How can you look at the stock market for the entire day?
No one knows.... and cannot answer something factual that everyone can see from the YAHOO charts.
What was the reason for that selling volume in a short-span? That was a steep fall-off. And now, it is down again after hours. WHY?????
No rush. December end of year tax selling. May push this under $5 by Friday.