Earlier when market opened, NOL had a heavy sell down with mad exuberant of panic exodus of the shares. The stock was virtually being sold off in such a fast speed that buyers would be terrified. 15 minutes after market opened, the stock started to have a slow rebound fashion that creeps up the ladder step by step and as of now it's trading almost near the sell down price @ 1.10/1.105. Could this signal a flush for a higher price to come or was it a real sell down? This was one the most craziest activity I had ever witnessed. I can't wait to share more tomorrow on this phenomenal activity that was captured immensely in my head now.
Ronald K - Market Psychologist - A Stock Market Opportunist