RE: Chart, CMIH has been consolidating at this level for almost a month now, and based on previous movements of the stock, is due to start another upward cylcle, probably before the end of the month. MM's can't bring it mcuh lower, because the float of 300M would be easlily bought up, so they trend it flat here, spin cycle their shares rapidily, and hope to accumulate. Float value is $900k right now, or put another way, there are 300 1M parcels out there available at $3k each... not a lot of money. Based on the charts available, this one shows some key indicators that would need to occur for a confirmation, most likely a quick number in succession of moving average up arrows would indicate the trend reversal. http://quotes.freerealtime.com/rt/frt/M?IM=quotes&SA=quotes%7CChart&type=Chart&symbol=CM...
But, right now, Ross is putting it all together, and I am assured that the price is going up when it becomes public.
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