this is not a pump and dump activity, you have to have major conviction to be buying 1 mil of these at 50 cents without knowing something in the background, last week they tried to rally this thing at 17 and were smacked right in the face when it go to 19.5, most of the time the last two days there has been 30 mil wanting to buy and only 6 mil on the sell, right now there is 23 mil on the sell, i rather don't seen a cap raising coz 200 mil off 3.9mil isnt massive, i guess a takeover bid is very possible if you can sort thru the mess, on Wednesday its market cap was only 134 mil, now its 400 mil, definitely would be back in the top 200
if the USA can remain steady overnight down 35 now then i see it breaking 50 again tomorrow with a closing price of 46-49 cents, just wish i knew when it will stop.
CNP Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held