TLT rallied to .56 in Feb2014,,,, then in a typical summer dwindle with not too many catalysts... and along with a 4 month holding period expirey from the 2013 financing, was dragged down to around .21 in May2014, pretty much as expected. It ran .2x to .3x from May to Dec2014 where many of us accumulated as the science and catalyst came closer to a tipping point. Mid Dec2014, the rat invivo results were priced in before official news came spiking to .78... two things happened.. you had organized selloff on news typical of the junior venture exchange... I think without the venture manipulation, we'd be over a $1 by now... it is what it is... so now we have our pullback.

Many of us believe we should see new support and resistance levels, a trading range of .55 to .75 established but hopefully an uptrend can be manintained with the right catalyst/timing/results/exposure. Perhaps a pullback to .38 but .45 might be a new bottom but where it goes from here could be a large upside, we believe this last year when we couldn't crack out of the .3x's and we believe it now. There have been a lot of warrants excercised which is a positive... some at .2 and .38's. Once these are all gone (soon) and all the new long positions are holding shares tightly, I expect 2015 to be a great year.