RE: RE: RE: Now if we break .17 and hold i think in cmk's case, you can basically throw technicals out the window here. They have a short timeline for a decision on the company (1 month). In that month, like we have seen thise week, there will most likey continue to be wild trading pattern swings both positive and negative, as people speculate on the future survival of this company.
For me, this is still a pure day trade till i hear otherwise, as if no offers are recieved, we know we are going down to around the 2 cent level with all the dilution that will happen. If we get bought out, well they still have alot of debt, and no sales contracts to speak of. So you would think the value of the buyout offer would reflect that as well.
Just something to ponder guys when you are looking to invest
GLTA