I2,
Well, apparently no one really cared much about the announcements yesterday, at least so far. :) The support at the 25ish level was respected, and since the volume is rather nil today, there was no major downsliding in the price, which bodes well.
There were a few large blocks dumped between 10:30am - 11:00 am, and one larger block (~20K) which was probably a buy right before noon which kicked the price back up.
quote.yahoo.com
(What is with this 26 35/256 trade??? ACK! Sixteenths are small enough!!)
The 26ish level needs to be taken out now to move higher, and if the volume stays rather slight, I wouldn't think it will take off too soon, but probably just accumulate a bit in this range as it heads back toward 24ish.
I really find it interesting that there was no major action on this one today though; perhaps the PR wasn't new info to the shareholders? In any event, I am pleased for you. Best of luck.
:)
V. |
