but think 1.25 is still doable
My thinking is thus.
Price will hang around $1.75ish until the shares issued at $1.75 into the quick-flip buyers are exhausted, which should not take too long. There goal is to recoup the $1.75 they spent, plus any fees, leaving them with zero-risk, zero-cost warrants for two shares.
Then they wait until as near expiration of the warrants as possible before converting to shares and again selling ASAP above their exercise cost, if any (I forget if there was any) and when they could be exercised).
Anyway, during this waiting period after all the originally issued shares were sold, pps will be left adrift to float on the market's sentiment and CPST's reported results. and any head/tail winds.
That would be when I suspect we can start to re-trace lower.
MHO,
Bill
