"Kooter is correct...we were very overbought. This pullback was coming and necessary for us to advance."
Well the buying is clearly because of what is expected in the very short term which makes tihs pull back laughable at best. There is no logic or rational reason to sell knowing that 100nm should be announced soon and potentially a partnership. Unless these sellers know something I don't, it is just plain dumb. I don't care about technicals at this point, because how can a stock that could get halted at any time knowing what is around the corner have its trading be dicated by them. So you say technically its time for a pull back. What if we get news tomorrow or get halted ? This isn't the time to gamble or put much value in technicals.
