Very good conversations on this board todayLots of excitement around this play. For those that have been around for a while, you must be smiling at the sudden attention of this company.
Well...the markets were brutal today and even in all the carnage, cre broke and held two major resistance lines
.23 and .255
It actually broke through the 200ma at .27 but could not hold...most likely the market as well as the day traders, as it was a nice move on such a red day.
This will have attracted many who were not aware of this play and its potential.
The market cap is a joke and anyone who can add a few simple numbers can see that this is incredibly undervalued.
The markets will turn around and there will be many good days ahead for the sp to rise here.
Joe Dwek will unload his 4 million shares, but that won't take too much to eat through with a volume like today.
The sleeping giant is awakening.
These plays always start off with buyers hesitating and suddenly you look back and see how obvious it was to pick up shares at these levels.
Simple math.
Mediascan