Jun. 4 at 3:06 PM
$STGZ I think coming into mid week, its safe to say last Friday's volume rush and push upwards was just another false start.
Damn, I feel like every time we hit a mile stone in the company, we take a step forward and immediately afterwards 2 more steps back.
Looking at today's volume, its large dumps to .04 and below and then a 100 share buy to bring it back to .05s.
I am not bearish, but not nearly as bullish. Its just the same pattern now for months. I don't think we can break .10 based on the volume disparity on the low end vs high end. I think we may peak around .07 again, and have a tough time breaking that unfortunately. Too many sellers to the very bottom of the range to make a substantial run, at least in the near future.
Which is frustrating as company itself is doing everything right.
GLTA