OTCPK:CNZCF - Post by User
Comment by
tradergaderon Jul 03, 2003 7:32pm
199 Views
Post# 6218378
RE: Something to think about
RE: Something to think aboutBe cautious with this one. I have high hopes that Concert will eventually recover but don't rule out bankruptcy protection.
Their CFO resigned and the newly appointed Pres is a specialist at restructuring companies. Restructuring can be very good for the company but very bad for the common shareholder.
Like I said before - Reward = sacrifice
Time will tell. Nice trading day though. Good volume with some decent support around $0.30. Someone must have dropped in a market sell to pick up shares at 0.29 and like F2B said, there may have been a cross somewhere in there as well.
Eyes wide open with a little bit of hope.
Happy trading.