Wednesday, March 28, 2007 10:44:04 PM
Rvd, as pointed out in your post, a cup and handle is normally a bullish continuation pattern of consolidation in an uptrend. Hmmm, be pretty hard to say that CHDT was in an uptrend prior to the cup forming. I would say a rounded bottom reversal would be a better description. Or if you look at the weekly chart, the pattern would easily qualify as a twin towers reversal. But maybe I'm getting ahead of myself here. The stock price hasn't actually reversed yet. For that to happen, Howard needs to cooperate and get that flippin 10K out on time.
Heck, even if Dato doesn't play fair and get his numbers to the auditors in time, that shouldn't prevent CHDT from filing without CPS's financials . All they have to do is include a note saying that the numbers aren't complete, why they aren't complete, and that a 10KSB/A will be filed later when they get all the required information from CPS. We all know that CPS isn't going to contribute squat so it shouldn't be a problem as far as shareholder confidence is concerned.
That way Howard wouldn't get his tit in a wringer again if his stock symbol gets tagged with an E. It would make a lot of shareholders very happy, too.
Heck, even if Dato doesn't play fair and get his numbers to the auditors in time, that shouldn't prevent CHDT from filing without CPS's financials . All they have to do is include a note saying that the numbers aren't complete, why they aren't complete, and that a 10KSB/A will be filed later when they get all the required information from CPS. We all know that CPS isn't going to contribute squat so it shouldn't be a problem as far as shareholder confidence is concerned.
That way Howard wouldn't get his tit in a wringer again if his stock symbol gets tagged with an E. It would make a lot of shareholders very happy, too.
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