It's more the fact that we have been around this level for a few day now and showing no signs, and no reason, of reaching 50p. It is a blue day so far and is a good sign as it means that are not going down, for now. Low volume or not the buys v sells are 3 to 1. There are more buys than sells. Logically with this there is more reason to rise than fall.
There is no real reason to fall further and thus I am more than happy to have bought below £1 and, if it does fall further I will buy more but am not holding my breadth.
I am hoping for further holdings RNS's is the near future, along with steady news flow.
Sell if fundamentals change for the negative and buy on weakness. This is an unjustified weakness
Illhave - were up 1p (1.04%), it's hardly anything to write home about! And low volume too... Not sure this signifies a reversal. No offense mate, just don't want people to get excited over nothing. I'm one of those waiting for lower at the moment (although I do have some already), not sure what you have against us! :P
I hope im wrong, but the general trend doesn't look so good and neither is volume great. Could be wise just to keep a close eye. If volume rockets and the SP climbs, then get on board quick as this share really flys, but when its like this, it can trickle down against all logic and test anyones sanity. Personally I get the feeling we are going to see a few big buys around this price range appearing before we move to be close to where this share should be truly valued.
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