Probably because there are so many out there to manipulate it Hairy right from individual daytraders(and who can blame them theyve gotta make a crust and this seems to have the volume,most of the time)to those bigger high risk fundies(Macca et al).
As has been said time after time after time,it wont get traction until a chunk are traken off the trading table.Even the company said as much in there preso.
Trouble is I cant see this happening in a big way until we see more cash from any funds prepared to make a longer term punt on CCC. That may not happen until we see less risk from CCC re DeWitt as well as fund money being put to buy and hold rather than short term trading.
Perhaps once we see these central banks put their printing presses where their mouths are with the Euro issues we might see some general market revaluing of specs.But CCC still has to drum up more large fund interest and not just one that has managed to get in at a very low entry in Socius.
d.
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