Oh, dear, already resorting to insult are we? I wonder if those who may actually be homosexual , may actually take personal umbrage to your mediocre attempts at belittlement?
Personally, I am more than happy to take it up face to face at the next AGM, should you be able to afford the bus fare to get there?
Much of the volume surged in the month of August, when CXM hit the media with interviews and the usual * infomercial.
Do you know the VWAP for this surge, at exactly how many shares for each week? It was 16.1251c@ 16 million shares traded.
This month the VWAP is closer to 18, but on a downward tapering volume.
Are you aware of the uptick on Friday of 15 million , and the sell away today, with nearly 1200 points gained on the XMJ from the beginning of last week? Where will the buyers come from after this big buy up?
Looks more like the top of a trading channel prior to a retracement to the longer term VWAP of about 15-16c.
Maybe even lower, until a return to the upside.
Basic charting is great for an overall , but likely not for an active stock that is basically still a micro speccie.
As posted , I am not particularly concerned with the current trading behaviour. If it retracts to 15 with a correlating, hefty pullback of the S&P, then consider it an opportunity, so If i am drastically misreading my own charts and data, I am still a very happy littler camper.
At present, you seem to be inordinately upset at what looks to be a healthy retraction after some positive activity of late.
Reference to major shareholders is a recipe for disaster.
What if some of those shares are loaned to short , but it is yet to be reported? What if a MS has churned a few of it's own shares in order to reposition into a larger holding of a tier 1?
What if the series of announcements has already been priced in to the current SP?
Let's just look at what we see now, at the retail level.
Anyway, you carry on posting and posting. It will be great to run into you at the AGM. Do Remind me so that I can make sure we meet, as I look forward to continuing our discussions face to face...
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