RE: karead
It is obvious we have different views, and it's no reason to attack the credibility of any poster. You either agree, disagree or are indifferent. If any info is useful then you may consider it.
CLQ already has based on low volumes given the information available, in terms of what investors are willing to pay for potential, in fact, when the company was trading at higher levels, adjusted later by changing economic outlook, and cash crunch fears.
When a company has no revenues and significant burn rate, you have to base your share price on a different set of standards including the intellectual property of the company, patents etc. This is not hype. A base has, in fact, been formed a number of times, only to be shuffled with public announcements of cash crunches and the economic outlook. If you want a long term base for CLQ, it will never happen, as this stock is boom or bust. For us longs, especially those that recently got in, they got in, because they thought the base has already occured.
It looks like either you're a fence sitter or you're shorting the stock. If we longs all refused to sell below 2 dollars given that CLQ will stay afloat with their partners or use a credit facility, or if we even buy at these levels, given the low volumes, of course, the stock price will go up. How will this happen? The tech outlook is improving and would be a stimulus. This is no hype.