Yes, EU investors came in today. Where were they on the first 2 pr's? Sitting on their hands like everyone else. Those PR's did very little for potential CTC Wind investors. New investors want the deal to close and not much less from a company that rose up from the ashes of BK. The EU PR's educated some, confused others, and spurred little interest in share buying or selling.
The recent selling is directly related to the lack of revenue, the perceived lack of progress towards revenue, and the condition of the chart. Throw some shorting on top and you get a pretty good shakeout.
So why did some CTC Wind buyers show up today? If you feel good about Wind these K-Mart blue light special prices are low enough for some to pull the trigger before CTC Wind is official. Even at these prices though the majority will wait until the deal is done.
The PPS needs to go up for more than an hour or two to validate anything. The key is for CTC in the short term is to put out a stream of positive events on ACCC. The more they relate to ACCC revenue and progress in China as well as other international business - the higher the PPS. The presumed 2nd ACCC order from AEP would be just what the doctor ordered for CTC as well as the PPS.