RE: low volume bullish sign for CMK bond46 wrote....
The low volume this morning for CMK is a sign of things might be turning around for the stock and the sell panic is abating; participants start holding on to their shares and not selling. This may also have to do with the take off of the markets due to the fiscal cliff resolution. But coal and copper companies are on a tear this morning. Also the good vibs from Stone's words in the Trinidad Times may have stopped the bleeding. But I don't understand how CMK has resolved the liquidity issue Stone is talking about. How is the company going to get cash for its operations, if and when, it goes into production. Would that be from the exercized warrants, if and when that happens. Would some one more savvy than most of us have a comment?
It is all BS. CMK is now a lottery ticket.