Likely to continue to trend lower!
It was trading at $3.33 before it went XD.
After ex-dividend the price dropped 13 cents to close at $3.20 the next day which is more thAn it's final dividend of 10 cents, looks rather negative.
True enough, it has continued to go lower and close even lower at $3.09 yesterday,coupled with super high volume, I think we may see a throwback reaction from here.
If the bounced off us not strong enough, it may continue to go down to retest $2.99 with further extension towards $2.80 level.
Not a call to buy or sell.
Pls dyodd.
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