CSMG Technologies, Inc (fka CTGI)

[lowman]

surfcity128, there is no replacement for personal experience when it comes to things that are not 'cut and dried'. Also, there is no replacement for L2, which gives much insight, though not total, into supply and demand.

At present, I see no reason to 'pound the ask' relentlessly, tommorrow, after a .03-.05 gain.

Prior to today's close, there appeared to be a wall of .95's, meaning (my best guess according to how many shares traded between .82 and .93) that there might be between 50K and as much as 120K shares.

Since chasing is not advised, and approval could still be as much as 4 weeks away, churning is strongly advised, to avoid paying too much.

Many people have been alerted and many people notice by other means, that CTUM is coming under heavy accumulation. Are we going to $2.00 tommorrow? Of course not, and for that reason, no one should be in a panic to buy.

There are many people who, over the last 3 months, have picked up many shares between .65 - .75 who will be selling 2/3 of their shares at .95 - 1.00, to ride freebies. Expect this. There will be many who will wait till 1.20 -1.30, to sell 1/2 to do the same. There are many others who simply want back out, after paying as much as 1.17, too.

My guess is, we could see as many as 3M shares trade below 1.17, if people buy intelligently. If people panic buy, we could see 1.17 under 1M traded shares. Point is, some people are impatient, which is a good reason to sweat them out.

Remember, never get fooled when a pps has moved too much too soon, or else unwarranted retraces occur and people find they've paid too much, too soon.

And then there's the daytraders/momoplayers, and flippers to factor in there. It never hurts to wait till end of day to catch their shares as they bail.

Since I'm a CTUM Long, I'm not here to pump the chit outta CTUM. I do NOT want to see over 1.00 tommorrow. I would rather see churning into stronger hands that will hold tight for bigger gains. I believe CTUM could run to $6.00- $7.00, if a strong enough base of Longs are first established, and only sell to recover their seed money. Natch, there'll be a retrace, but once the seed money is recouped, CTUM will be the most rewarding stock to 'save for a rainy day'.