Price targets for CNC
Someone is about to make a decision on whether to smash this or not. We're at a very critical price of $1.40. This is the line in the sand as far as I'm concerned. If we break this, we would have to recover IMMEDIATELY and I mean IMMEDIATELY or everyone here including myself will witness absolute chaos. We will beeline to 1 - 1.10 very quickly and we could undershoot in an all out panic. I suspect in this scenario is when some big players will accumulate a large amount of shares which would help them push their takeover offer. We would get an extremely high volume day(s). That's the only way for them to accumulate. This wouldn't be pretty. I have no idea on whether this scenario transpires, but I would advise everyone not to wish for this, thinking they can get cheaper shares. I would much rather purchase higher when a solid floor has been put in rather than chase it down. I'll be watching very closely over the next day or so. GLTA