Noront traded well below $2 for quite some time so a number of investors seem willing to let go today. Buyers are being cute and while they have a voratious appetite today it's for quantity at the $1.60 level. My gut feeling is they will end up taking their bids up but only if they are forced to in order to reach their target quantity.

Sellers don't seem as smart today as buyers or they'd be holding out for at least a few pennies more.

So much more fun watching this today than during the grey and overcast days of getting beaten up.