GREY:CVHIF - Post by User
Post by
AuntiePennyon Mar 17, 2015 5:38pm
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Post# 23531444
Auntie Penny sez...
Auntie Penny sez...
After any reorganization(amalgamation, consolidation, etc.) a stock will sell off to clean out the old shareholders; hence the 23 low. CXV went up to .385 and subsequently consolidated with a true base around 33 cents avg. Judging by today's trading whoever's running CXV has a lot of $$ and a lot of guts. If they ate 500k shares today @ .38-39 avg they're not likely to blow it off @ 40 cents. In any case the volume's not there yet. No need to thank me for these words of wisdom. Your Auntie Penny is always looking out for your financial interests.