Some of us have bot shs of CTKH way back. Our cost per share is higher than nowadays so we're locked in. To lower my $/sh cost a GTC limit to bail 1 or 2 mil as soon as pps might visit the 14 to 19 area vs its nowadays 11 to 13 area...
And if I'm not alone in this strategy-scenario, I can imagine if pps should wander above 13...how many other "hopeful" sell orders mite occur...not with the intent of saying "I'm thru and bored..Get me out" ; but rather "try to lower my average cost of previous buys at so called higher levels earlier in the year." I believe U all R rite: we R all on th outside of the information high wall. If U go 2 big charts dot com; vu CTKH 4 th period Jan 19 thru Feb 13 of 04...Vol hi was 335,412,xxx and th lo was 61,732,700. Vu-ing chart on a 1 year level or so and 2 me vol then appears as if it were a skyline of downtown Los Angeles from a distance. Within that period the hi was $0.0071.
Shortened: 71 hi and 37 lo. With th hi-est vol this mo Dec on Tues 7th...at 32,221,405: I wait for big volume in a trading day. Volume won't occur until news happens. Or rumor happens.
Market makers (MM's) if u watch "intraday" charts and really micromanage this thing, tend to put "bait" out by washing sales to 1 another w/small amts of shs; who in their right mind wd deal with a few xxx,xxx at these 11-13 levels? Commish wd eat them up. I don't think any folks on Bd of Dirs r involved in these bitsy buys-sells. I don't think any of us r disgusted/bored enuf 2 tax-sell r shares. Unless, however, U hv other "penny, sub-penny" items out there where U need more coin. Yes ..I agree w/U; we all NEED more news. No, I don't think we'll get anything 4 awhile. I think the CEO doesn't care about R existence; else we'd be fed some facts, figures, news, acquisition items, etc. I'm not telling U anything U don't know already. Yes, I'm interested. Yes, I own a few mil.
Yes, I'm hoping. Good luck to all of us. Jerry
