Cavico Corp (fka CAVO)

[drbob512]

I am holding my shares, tried to sell some at about 1.20 which was the bid at the time, but they dropped it after seeing me, so I cancelled it, not willing to sell it too much lower.

Now I will wait to buy more if it goes to the .82 area, and then again if it drops to 60 cts, which is not likely.

It has already dropped to 1.02 and trying to bounce back up but probably will not hold, either today or tomorrow, and drop below a buck this week.

Consolidation could be a week or several weeks, usually the latter. It it trades between 80 cts to a buck on light volume for several days, then it may mean the selling pressure is dissipating and that it is setting up for another runup.

we shall have to wait and see, but the next 2-4 weeks should be interesting,

all jmho,

drbob