RE: RE: Sold my shares Where did all the rational people on this board went...only have a few left.....now we are getting every joe blow off the street trying to post here, and daytrade this stock....typical, and happens every time!
For those that are serious and have done their D.D. know that this stock is very high risk and high reward game now.....currently you have profit taking going on.....as well the most important thing in all this is were is it going to close today??? If after this pause and back filling, the shares do move up and close positive and above the opening price of today.....then there is a greater chance that market has not found a fair value for the share price in terms of a take out or JV, etc.........the positive thing going for CMK is that it is trading above the 50 day moving avg., but well below the 200 day moving avg. of .50 cents per share.
Some here are right.....consolidation is normal after good % move, regardless where the price has been recently.......ultimately it comes down to if positive options are presented to management to max. shareholder value, what is the management going to do???? Anything now is better then the Marret plan IMO..........