WOW, great work caterina!!!
As I have stated in earlier posts, it was clear to me that this was not a pump n dump stock, but rather a leak of some material info, or just plain good homework by investors looking for a hidden gem. I think that article from Feb 8, is key, and that it is CCTC that they are speaking of. I also think that once this info was tied together, we saw the increased buying pressure earlier this week.
Unlike most pump n dumps which frequently have frontloading of shares weeks or months before, CCTC had no such action, clearly supported by anyone that can read a chart.
The volume came in by us, the small timers who put in many hours of work and research, and with the help of I hub, and other internet sources who led us in the same direction.
Fridays retracement was natural, and allowed many investors/traders to lock in profits and nice profits they were........ .04 to .25 - .42 range. Who can blame anyone for taking profits like that?
I think we have 3 key factors that are going to take CCTC much higher.
#1 This is a company that has a history of trading at much higher levels, and is a proven runner.
#2 In the process of such a runnup, there are often nay sayers, and people who just dont believe. This is proven by the large short interest in the recent trading volume. I believe that when the truth comes out about this company and their contracts, there will be a massive short squeeze leading CCTC back to previous levels.
#3 Lastly I think that there are so many curious eyes to see how this story plays out, that many many traders/investors, have CCTC on a watch list just waiting. When more positive news comes out regarding future contracts, and a possible 10Q, I think that all of those who already took profits will jump back in as soon as they can chasing this one up faster than they can catch it.
Consider my thoughts positive thinking, or just some great DD by all those involved. Congratulations to all that already have locked in profits, and good luck to all those willing to travel the journey. I think we will have many good days ahead.
Enjoy your weekend, and get ready for a big day Monday.
Chuck
