Hi QWR

Well difficult to figure out.So far the 1 $ seems a possible bottom but after a small attempt to move up latest days we have seen red candles .If you look to the chart with some imagination there is a head shoulder formation with the head top at around 1.5. So latest rise to 1.14 could be a small shoulder up there but it's not clear right now.

Rebels could be right if they will try to bring the sp below .9 and try to trigger stop losses then a move to the earlier lows could be.

I'm thinking at the earlier offering after the 6 top .But if I'm right the deals were not the same.I thought it were convertibles or so.Then they drove the price below and we 've been in a trading range for long time between 3 and 4.5 .Now we can't say what the tradin grange could be.If they could bring the sp far below 1 then this will create a resisytance at 1 but I doubt.Will depend on announcement which at this time we only could guess what they wil do with the money.Hope we get a more clearer outlook then we have now.

So for those who will try to set stop losses be carefull with the limit.Certainly set no stop without a limit price .A famous tactic by shorters is to move the sp at the open with a sell order far below and they pick up all the stops at once and then drive sp back up.

I hope that sp can stay above .9 and then 1 to 1.5 could be a new trading range.

I asked myself the question why they have chosen for a sp at .90 ?Will they be ceratin to attrack the needed cash and therefor set such a low target.

Then what will the traders do now?