Two of the last three days have had similar trading patterns.
Today, volume was pretty much anemic until just after 3:00. Until that point, any substantial trade volume pushed the price down. I suspect that accumulation was the name of the game but kudos to all retail investors as most were not offering their shares.
At approximately 3:10 today, buyers were in charge albeit met with resistance. If you were watching the tape during the last hour of trading the majortity of trades were not made by us retail smucks. There were plenty large block trades with substantial dollars involved.
I would speculate that the late day volume with S/P increase of late is due to anticipated news. Again, nobody wants to be shut-out per chance there is a halt previous to the next day's trading. (This goes for the big boys as well-especially those not fortunate enough to have a PP position).
I will go out on a limb and suggest that tomorrow we will close above $5.00. Having said that, tomorrow's close is not important to me s I am "More Sleepy than CD".
On another note , I would just like to thank Herbert for his blessings and words of comfort. I am not a religious person per se but God Bless you Herbert.
GLTA
Milsy1