As I mentioned yesterday, this stock wont take off until the MM's bring it down to get shares. MM's testing investors patience right now hoping to get them frustrated enough to sell early before the 10K. I wouldn't be suprise to see the stock pop to about 1.20-$1.40 on the next run. After that they will try to bring it back down hoping investors will jump out early not wanting to go back to low $1. The trick is to get as many shares before release of 10K then you will see the squeeze. I ususally do not believe the hype about MM's and the BIG squueze because all the stocks I've been in and mentions SHORTs never squeezes. However, with I have never had my broker restict any stock of mines especially when they will be losing much commision by doing that. This gives me reason to believe at this point. If that so happens to not be the case then it is another lesson learned the hard way for me.
This activity reminds me of EDIG back in 2000, I had a small amount of shares then (50K) at .05. The stock will go up and then down testing my patience leaving me to think I could have made money on this. When the real hype finally came they took it for a good ride bringing the stock to about .50 cents then tanked it. I fought to get out thinking it was going back to .05 and filled at .25. Immediately it bounced and closed at $1. The next morning I thought MM's would tank it, but it went up 200% that day. I was soo tired of seeing this activity and unsure what the MM's were doing I sat on the sidelines watch the stock as it went to $5 then $10 then all the way to $20. in about 2weeks. I was sick to my stomoch but it was stressful to be in that or even watching knowing what I had.
CSHD could happen that way as well, too much going on to ignore this stock.
