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Friday, 03/26/2010 7:04:50 AM

Friday, March 26, 2010 7:04:50 AM

Post# of 64330
More from Wayne Crumpley's Thoughts . . .

how do the "shorters" cover themselves, and what is the direction of the stock. The "shorters" will "cover" when they are certain the stock is heading "UP."


As fast as the stock went from $1.20 per share to $ .04 per share, it is my opinion that the stock could go from $.14 per share (present), back to above a dollar.

My thoughts on his thoughts.......

It took 5-weeks for CCTC to drop from $1.20 to .04c, so, according to him, it should take 5-weeks then for CCTC to got to $1.20 from .14c

5-weeks from his writing would be around April 15th.

5-weeks from the bottom at .04 on Feb.10th would be roughly last week, but to give him the benefit of everyones doubt, the 10K is due next week, so he'd only be 1-week off if it went to above
$1.20 on that day.

Food for thought !!!

http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p98637443205