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Message: Some additional perspective

The large sellers today, IMO, were liquidating not for any fundamental reason but purely for a significant technical reason: The shares had reached resistance in the few past weeks as they were approaching the upper trendline of an established channel starting from 2010. The upper trendline is at about $3.40 with the lower one at about $1.40. When and if the $3.40 or so area gets cracked, then that will be the time for some real fireworks.

And then again, coupled with upcoming expected bonuses for managed money the technical area was speaking to them to sell. These are just two of the games that have a tendency to blur investion's vision when they should be looking at solid improving fundamentals.

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