I was there too, (not on this board) I was chicken and jumped truck on the first bounce up after the first drop down, that upslope was just too steep to last.
I think that that, ultimately, is the source of any wavering we see now. Those who might be early (and I say this is early)(in two weeks I will no longer say it is early) need convincing that this is a real thing, capable of supporting a real move up.
I think the answer is in. I just don't think the answer is out. I admit to a bias, but I think the good faith of the holders down at 1 has been justified. Or to put it another way, I think they have a right to say they were right even here. There are those who held all the way down, which is another story; that was a tax loss that was lost. But those who bought in at 1,2,3, are looking at 100% + gains, and that is respectable in anybody's book.
Now up past that, which is where we are, there is going to be fooling around. I give it a floor of 4.125 if we don't penetrate and hold above 6.125 for a couple of days. But I don't think it will be down for long, and I am not selling if I see it slip (money where mouth is).
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