Hi Brantley, yes I agree, a lot of stop losses, and TA people exiting short term. It is quite a simple signal if you know how to read the chart.
If Nasdaq listing is delayed, it won't be good for PSD. See when it will be launched. They expect before the end of the year.
I don't think there is much news other than Nasdaq listing in the short term.
Wait until Jan 2005 to re-enter for me will do the good. At that time, all the 20 cents options would be factored into the SP, and see where it will be by then. I am tipping around $1.10 or less.
Cheers
PSD
psivida limited
