RE: Did I read that a director had loaned 1.5M intThis is quarters end, tax planning and months end all at once. Monday is options buying, Insider buys and the after the Bell effect all at once. I expect trading to go sideways up at double the pace of today. The company had extended the blackout to be prudent. This is over now. Watch the next two trading days.
If we are lucky someone will try to take profits and hold us down. I plan to eat up shares while they are cheap. This is the last months we'll get to buy. This is an accumulation pattern. Shares are not rolling over. I'm going to kick myself for not selling a house. CUU will exceed its profit margin so I should have sold it.
The harsh reality is that the market appetite is about 50 million shares. So about 1.75 million a day. We are simply not going to get them. I bet trading stays under 1 million a day for the next 40 days. Retail has reach its price tolerence. Only big money is chasing the shares and a few lucky guys who have cash but didn't load up.
A lot of people are watching the EU and USA. I suspect we will see greenbacks looking for CAN holdings very soon. That flushing sound you hear South of us is the value of the greenbacks. People will want to spend them before they really lose value against the CAN. I have a lot of friends down there who are looking North.