RE: RE: Mighty tiny CQObama,
I hope you make some good profits from CQ.V
I knew that CQ meets the criteria of speculative stocks when the time is right
1) Very small outstanding shares
2) Historical peak price was 10 times higher than the price I got in
3) News looming, but no one knows what exactly is, everyone’s expectation will keep the Stock price going
4) Not many retail traders at all, knowing from the stockhouse BB
5) President and directors’ last time seem like Chinese backgrounds. They are very good at driving stock prices higher and higher, especially towards this kind of tiny stocks.
I posted on NAG board that CQ would be 40cents and NAG would be still 10cents, because the correct ratio is 4:1
Friday, CQ was up 40%, but the sellers have not shown up yet, in previous one and half months, I have observed that Canaccord was the major house accumulating the CQ shares, we still have seen Canaccord selling yet, in that sense, I believe CQ will continue to move up until one day, the big share holder(s) think it is enough, and on that day, we will see concrete CQ good news, and then it is time to sell.
I still hold all my CQ shares…