Post by
Georgeboy11 on Aug 31, 2011 6:07pm
L2 shows very little up to 40 and beyond...
over the last few trading days, CQ has very few on the asking side to .40 and looking slightly beyond that...there's nothing to .74. To the naked eye, it seems unrealistic, but, for those following this company closely, you know that with such few shares available, that's a very probable picture of just how tight these shares are being held!!
Remember, as of Aug. 21, there were plenty of shares that became free trading from the .05 PP; however, that didn`t even put a dent in the share price as many of the holders have held on to their shares...why wouldn`t they. Looks like they`re holding out for more profits down the road!!
CQ is looking really sharp and as said in my previous posts from a week ago, it`s probably getting things ready again to kick off the new trading season which they did 12 months ago. CQ was trading at around .06 - .08 last Aug. then in Sept, when they came out with their news of acquiring the Pakinstan coal producer, things started moving and they haven`t looked back since despite a few bumps on the road!
George
Comment by
no1realx4 on Sep 01, 2011 10:02am
Thanks George,Looks great....Although we might be moving to purer forms of energy, coal has and always will be the most efficient and the demand will always be there.very thin L2, alot more desire to buy than to sell here....Looking good going forward.CQ~~~~
Comment by
Georgeboy11 on Sep 01, 2011 1:21pm
No 1 Real...you dirty dawg...I see that you picked up 95 000 shares here @ .23!! Alrighty, I'm going to have to up my bid on v.ATG there for y'a! Let's get it moving! George