RE: RE: RE: RE: RE: Support I guess so far I am right in terms of the share price support levels...now the close was below 0.60 I expect more selling coming in and we could move into the mid to high .40's very quickly as more people would have given up on CMK....watch for the volume spike and support to build here....I am still not confident yet that bottom is reached at the moment as volume has been avg. to say the least....everything in the markets is being thrown out including the "baby with the bath water"!
It is the fear of Greece and Europe more than the companies themselves IMO! Key economic data points have been positive in N.A. and Asia...and china is not slowly as many have said....at 8.1% is still very impressive GDP figure in this uncertain environment.
The market's need to get past the Greece/Euro. issues.....The Euro. has been a big failure, and every country should be been able to mandate their own banking system, and reserves (print money as they see fit to get out of the black hole they are in).....I never believed in the Euro. Not all countries are the same in economics and efficiency they way they operate and the Euro. painted every country the same way...A BIG NO NO and the world is paying the price for it!!!