Mr copfer, I expect you may
get the .186 print that you mentioned on Tuesday, and it is nothing to be concerned about, but I also think the fact that it hit .187 and not .186 is another almost comical indicator of the strength of CHDT right here. Considering that this stock trades to the one-thousandth of a cent column, in my book with nothing in between .186 -- since it doesnt trade to ".1865", say -- means it DID actually close the gap. Think of putting the tips of your two index fingers together end to end. technically the skin of your fingertips is not grafted together, but it might as well be as we dont trade into the 10-thousandths of a cent.
Coupled with what you have read here about the difficuty of buying blocks of shares, I am going to disagree with you 100 percent that tomorrow has been set up as a down day "without news."
All the news that this stock needs to continue running to .50 and beyond is already out there. What you have is a typically cautious penny stock investing community still hestitant, still afraid to be caught bag holding, or as the odd investor out in a game of muscial chairs.
This stock may need another few hours, or another day to squeze out those foolhardy enough to part with shares between .18 and .19, but the chart does NOT indicate to me that it is set up for a down day tomorrow. My reasons:
--Highest close ever: .19
-- Difficulty purchasing blocks of shares at the ask
-- Complete float turnover (more than 70 M shares traded in the past three days in a tight trading range, of three or four cents, meaning those who bought in intending to see this to go 30, and those who doubt that will happen have exchanged ownership of the stock).
-- Momentum once it breaks the .23 cent mark, which is a very short run away.
So hang onto your "hanging man," he aint applicable here.
