Falkner - 251/193 Price

Updated 2026-05-07

Falkner 251/193 is in a quiet correction that shows no signs of reversing. The NM floor has bled -5.0% over seven days and -12.4% over thirty days, with the current $1.41 sitting -9.6% off the recent $1.56 peak established within the last two weeks. What's notable is the floor's refusal to capitulate further: the trough came in at $1.31, meaning buyers are holding support +7.6% above that low. This suggests some actual demand at current levels, but it's thin. The thirty-day decline outpacing the seven-day move indicates this isn't a sharp shock but rather steady downward pressure, the kind that typically precedes either stabilization or a deeper test of support. Watch whether the floor holds above $1.31 over the next week; a break below that trough would signal genuine weakness and likely accelerate further selling from bag holders looking for exits.