WOULDN'T GET TOO COMFORTABLE
1)SHORTS WAITING TO POUNCE AGAIN AT AROUND $.48 OR LESS
2)MOVE IS JUST A NORMAL REACTION TO THE EXPECTATION THAT SOMETHING POSITIVE HAPPENED AT THE ANNUAL MEETING. DISCOUNTING FACTOR AT WORK.
3) AFTER THE DIGESTION OF THIS , REALITY SETS IN, SHORTS COME BACK, AND THE SAME CPST EMERGES.
ONLY THING IS .... ASSUMING A 1/15 OR 1/20 SHAREHOLDERS ARE LOOKING AT A .90/SH LOSS ESTIMATE TO $1.20/SH LOSS ESTIMATE INSTEAD OF A $.06/SH LOSS ESTIMATE FOR THE YR.
OIL NOT THRU DROPPINGAS SAUDI'S SAID TO GFLOOD THE MARKET AND IRAN SAID IT'LL PUMP AT ANY PX. ; $$ WILL STILL REMAIN STRONG, RUSSIAN ECONOMY HAS COLLAPSED, SAND THE GLOBAL MARKET SELLOFF IS NOT OVER.
MIGHT GET ONE LAST CHANCE TO GET OUT OF THIS FINANCIALLY AND TECHNICALLY WEAK COMPANY TAKE A SMALL PROFIT IF YOU GOTT 'EM OR CUT YOUR LOSSES..... NEXT WEEK.
