Nothing goes straight up and this was just a "settling" of matters before the next leg of the process.
Our volume was actually quite impressive when you factor in that trading did not commence until three hours into the session.
I feel for the people who got hit on the previous 3.00 plus spike but at least they now have the opportunity to make a choice of recouping that investment or carrying on from here.
Perhaps the greatest benefit from this brief pause is that it lets all the "explosive rhetoric" settle down. When people start talking about 100.00 per share over the short term of course most take that with a "grain" or perhaps a truckfull of salt but unfortunately there are also those who see it as a sure thing and perhaps venture capital that is not truly disposable and thus are too, too greatly disaffected by any adverse turn of cirumstances.
Enough Sermon. Time to sit back and have a snifter. The Canucks are on T.V. and Monday Night Football starts shortly.
Onwards and Upwards Folks.
Montrose