PEIX did panic as I thought to the 2.40s range. I wanted it to get a bit lower down to the lower 2.40s but it bounced at 2.45 which is good enough. But the bounce was a delayed one. Looked like it was going to fail then a few minutes later it bounced like 25c which is ok because it fits the pattern but is just not a big enough move. Volume is just not there anymore. Again volume continues to fade. Mid-day too afternoon Just downtrending. Did hold the 2.40 support level range at the close. After-hours at 2.50 which is only 10c from support which just isn't good enough for a panic. Need to see a spike with this one. If this play does not spike tomorrow I'm moving on.
FFRMF lower price play, sure enough tried to bounce off the .35c multi-month support level but failed and the price-action was too too choppy. No telling what it wanted to do. Went as low as .32c but then came back and closed at .36c. No play all day. Not liking how its moving right now. Will watch just one more day and if this crap continues, Im moving on. Will continue to pay close attention to the .35c support level range.
IDT best mover today out of the two above. Did not fit the pattern today. Premarket price came down gradually to the 6.90ish support and held It, then at the open it spiked 80c in 15min which isn't great but good enough. Came down mid-day then came back up to the 7.80s range and closing there. The second Green Day makes me feel more optimistic about this play although the volume did fade. Now its even more over extended which I like. So now its definitely due for a nice panic, and the fact that it is running on earnings means it can have follow up legs after the panic. Again looking at the 6.90ish/7.00 level as support. Would like to see a panic at the open tomorrow near support level for a nice bounce. I think it can bounce too the 8s. That would be my ideal trade.