RE: QUESTION??Dogger,
watch for the 2.00 wall to disappear before the market closes..if not today than it will be gone by tomorrow.
And if it doesn't go away by tomorrow than do you know what it means? it means these institutions (CIBS, RBC, jitneytraders, etc..) are loading up while manipulating the SP under 2.00...
why would they wanna keep it under 2.00? well legger said many big players cannot buy a stock under $2.00 so it makes sense for these MMs to keep it under 2.00 and load up while they can..
As for an NR..i don't think anyone is waiting for one (next one i assume will be the drill results or updated RE with the drill results included).. No one is going to sell or buy strictly based on the news release.. People who want in this company are already in (aside from those big players who are waiting for it to stay above 2.00 im assuming) and whoever wants more shares of CUU..are already buying it (see insider reports).
2.00 is kinda significant in my opinion as i have seen this SP play around the 2.00mark, before it broke past it last time and reached 2.75.
although Vette is hoping for an NR next week. so we'll see what that brings..
expect it to close at 1.99 or above today