CRIS – approval a double edged sword apparently

CRIS seemed to be holding its own at the $4.90-$5.00 level but in the later afternoon it dropped and closed at $4.75. It will be interesting to see what happens tomorrow. It triggered the short sale circuit breaker this afternoon which should, I imagine, slow down the selling. We shall see. One could convince oneself that it respected the recent ascending trend line but I would not be surprised to see that fail tomorrow.

 

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