Kanga,
Indeed buyers need sellers. However, when I look at the course of sales, except for one large buy/sell of 300k shares, most of the larger trades have been single big buys from many more smaller sellers. Often a good sign IMO.
The Chinese wouldn't have a snowball's chance in hell of taking over CFE for a bit more than the LA sale price, or anything remotely close. Sage & Timis own 25% and wouldn't sell (Sage has said in the past, when CFE was worth less, that he wouldn't look at selling for less than a dollar). The instos on board would also know how much more CFE is worth. I'm still in the black, but most on board would be selling at a loss. Zip, squat, zero chance.
17c was back in 2008. Quite a while ago, and things have progressed somewhat since then. I'm a little surprised to see the SP where it is, even in a meltdown, but I still believe the market will factor in the inherent value described by many here and brokers elsewhere in due course. A when rather than an if IMO.
Not sure what the DNFS acronym is. I googled it and came up with the "Deadly Nightshade Family Singers". ????
Peter
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