For those who may trade the stock technically, It would would appear there is a little more downside to endure before you see the stock at a "bottom". Having had no explanations or news of what the company plans to do next with the recently delivered Mcion study, the stock may continue to drop as investors move on their instincts or as this price trend induces fear in the herd.

"Buy on rumour sell on news" has saw the stock rise in anticipation of the Micon study and it's release. We saw the stock above .80, we saw the stock sell down with it's release. At the moment, the lack of news and therefore company direction for Langmuir lends no support and the stock's direction will depend on investor interpretation of a large and very technical document. Then there will be the MoMo players who simply run with the trends and market action. Longer term shareholders await news and use a combination of technicals and fundamentals to decide what is next for them and there interest in this comany as an "investment"

IMHO :)

http://stockcharts.com/h-sc/ui?s=ISM.TO&p=D&yr=0&mn=6&dy=0&id=p18176723480