RE: RE: RE: big dump...500k for .115 to .12 why... I agree, except that EKG didn't take nearly this long as CTW. but who am I to complain? It got me a chance to get in today. Remember, this stock is near 52-wk lows (and 90% + off it's 52-wk highs) when the S&P is making new multi-year highs.
The only stocks similar to this price performance are:
1. Thought to be bankrupt like YLO (I disagree as I hold preferred YLO shares, but this is what the market thinks)
2. Some sort of mining stock that struck out, is in need of financing or is otherwise out of favour (BER, SLI, CJC, AAA etc)
CTW is not bankrupt and it is far from a mining stock that struck out. Quite the opposite. It's a technology stock about to hit it big. 2012 revenues will beat what INT, EKG, and PYN can put together combined this year. Think of it like this, with all the corporate turmoil the company had, they STILL had more revenue in the last half of the year than any of those companies except INT which lives off its useless legacy revenue. All they need to do is sell ONE unit and that covers off what thousands of Ortsbo users will ever bring in for INT in their lifetime. CTW sells ONE unit and that will be equivalent to selling 500-1000 units of EKG's heart device.
CTW is sitting at 52-wk lows only because the ousted CEO put it there. Ok he has a right to sour grapes since he's the one who put the technology into CTW's hands, but his poor business acumen, sense of entitlement and very questionable activities like purchasing a "corporate" jet for himself on company money while leading the company put him in that spot. CTW successfully managed to seperate the technology from the man. This company should be worth MORE than their 52-wk high, not close to their 52-wk low.