CMO had been good to me up till the capital reorg, and then it...

CMO had been good to me up till the capital reorg, and then it went very sour. sitting on quite a loss right at the moment. Considering the 1st half results were an eps of around 1/2 the current sp, and they were expecting eps to increase one has to wonder what is going to happen after the release of the annual report.... I'm very tempted to double up my holdings at the current price, as if CMO manages to make good on their forecasts I can only see the price going up.

I suspect that the sp has been hammered due to a lot of shares being in the hands of opes prime and more recently the other broker that has had problems. Could also explain the games we used to see being played with the sp.... however provided nothing is rotten at the core, I think we should see a massive recovery in the sp once the final results come out.

Am I being overly optomistic?? I would have thought if the company was markedly off target they would have had to have informed the market of such, so can we assume no news is good news.... I can double my holdings for around $2000 (currently those holdings have an approx $7000 paper loss... ouch).... am I just gambling to do so... decisions decisions.

certainly the chart is looking very oversold on RSI and has had a lest minor bounces (though the overall trend has remained down) when dropping to current the levels.

Tony.