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Wednesday, November 21, 2018 10:23:23 PM
Since CNCG's most recent 1-for-30 reverse split, (after a previous 1-for-10 haircut months earlier) bringing the post-split "ask" price to over $2.00, your stock is down roughly 50% on the "bid" side.
If this indicates "strength" to you, I would like to hear your definition of "weakness." Please note that a bounce off a $0.56 low with miniscule volume from a rather short list of CNCG owners makes my case in its entirety.
You CNCGers are basically trading among yourselves. There's no upside if there are no fresh buyers. Selling of any size by any shareholder who throws in the towel will make $0.56 look like a bargain. If you haven't figured that out by now, you're doing your cheerleading in front of an empty stadium. The buyers (fans) have already left the game and may as well be listening to the game on their radios on their way home.
Just thought I'd check in here briefly on this Thanksgiving Eve. I have so much that the markets have yielded to me for which to be deeply grateful. I really do hope that by next year at this time at least some of you will be trading stocks in these markets the way they need to be traded.
Hopefully this will be accompanied by a firm inner vow that you will also cease getting marriage licenses between yourselves and stocks that are for dating only...........and even THAT with the greatest of discrimination.
In any and all cases to one and all of you here, GOOD LUCK!!
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