Does any one have any thoughts on the idea that some shareholders maybe selling stock only to buy it straight back. This stock has been on a steady slow decline the last month just following a trend. A longer term shareholder could off set a paper loss against any future capital gain and maintain their same holdings by doing this. Maybe the big volume getting dumped and picked up are those doing just that.
CMY Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held