You may see support at 30 cents Fossil but I do not. ( mind you I have a cataract in the right eye so my view may be right sided, dominant eye?, soon to be corrected)
What I see is a slow slide from the spike in May at 40 cents, and I expect that slide to continue into the 20s if we do not get positive news.
I also do not put much hope into news during the summer. My expectations rise in early autumn and if not satisfied by November, I rely on a bottle or Merlot to keep me on a level plain into the next year.
As for today, someone at National either has heard some rumours or woke up to possibilities and has caused a 8% rise in our stock, nothing to laugh about but have hope.
Cheers, Ed.