You won't regret it my friend. I let the facts guide me and not opinions from those who claim to be trying to save us. I was surprised to see it come back down when I returned, but it doesn't change a single thing. Plenty of profit takers sold today and once again the longs will take control.
Now I know we all heard this before, but it definitely applies here. This is a marathon and not a sprint. CDNL has finally reached a huge turn around point and they are ready to head back up to where they were a year and a half ago, when they were trading close to $1.00. We take it one step at a time and first we need to concentrate on getting the share price back above 5 cents and then we can set our sights on the next goal of 10 cents.
Many who trade in the otc market are used to flipping a stock based upon the chart and momo, so it doesn't come as a surprise that many thought this was the top and sold out. Frankly I can't blame them, as in most cases, an otc stock never amounts anything, nor do they ever follow through with what they put in PR's.
Also, you have to remember most of these traders don't do any real DD any more, so they are totally unaware of what is really taking place here. This growth that is happening as we speak is absolutely phenomenal and soon these revs will start showing up on their fins and that is what will take us to $.10 and beyond.
This time around, as seen on the charts, the stock is moving up in a much more reasonable uptrend vs before when it shot up to 6 cents within a week. Then of course when things didn't happen fast enough, most sold and tanked the stock. Now when the contract is signed and the first $million has been deposited in CDNL's bank, with more to come, they are flipping out before the stock breaks 2 cents. This time around we did not attract the big groups who pile in and attempt to control the stock until it reaches their sell point. This time around the stock took the slow and easy upward trend due to more and more longs buying and holding. Even now after this sell off today, the stock did not tank, it just settled at a reasonable pullback area.
Hopefully now the stock will once again trade in a normal fashion. Many are waiting to see if it will hold in this area before jumping back in. It is now that we will find out how strong the stock will become. If the longs hold tight and the selling has subsided, we should resume an upward trek again. Today's PR laid out everything that has happened and what is in the works. If folks want to run off and chase some other piece of otc crap, so be it, but they will always have one eye on this stock for the simple reason of what has occurred here, which is an explosion of growth worldwide!
Oh it's happening and I am proud to be long this stock, based upon the facts! Cheers!
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