InvestorsHub Logo
Followers 133
Posts 8636
Boards Moderated 0
Alias Born 05/02/2009

Re: None

Sunday, 09/20/2009 4:50:48 PM

Sunday, September 20, 2009 4:50:48 PM

Post# of 94785
CPQQ.OB heading right back up?......


CPQQ.OB qualifies as a classic special situation stock this week.

From all accounts CPQQ sold off from a high of 2.00 bucks to a low of 1.00 as of Friday.

It appears that "in the money" warrants kicked in when the stock shot up and major selling of those warrants knocked the stock price down on big selling all week.

Looks like the selling is done or about done. The stock has every reason to bounce back strongly.

Look at Fridays action. 1 million shares traded and the stock was down only a few pennies.

A lot of folks want to own this stock.

My point?

CPQQ.OB is a tremendous buy right here from all appearances.

The company is growing in a big way and its profile is way up in recent weeks. The cash from converted warrants also add cash to the bottom line as well.

Do some homework on it.

Also, I would like to see others post an opinion on this situation.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.