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Friday, May 07, 2010 6:33:37 PM
I hope you were able to buy your shares this week, if that's what you intended to do.
I tried to emphasize to everyone that .097c was only a target I had in mind, and that the important thing I wanted everyone to know, was that this week was the time to be accumulating, and that they didn't have to wait for .097c to begin buying.
When a stock is trading in a sideways channel, as CCTC has been doing for 12- weeks now, it's always prudent to accumulate at the channels lows while you have money to buy them. You may not be able to get the exact low, but at least you will increase your odds of having a good position in the stock before it takes off on the next "IMPULSE" move up, which is where I think we're headed next week.
I'm satisfied that the stock got to within close range to .10c.
Who knows, maybe traders were paying attention to the board and saw that there was a lot of talk about .097c and decided to keep it from getting that low. Stranger things have happened in the market you know.
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=3&dy=0&id=p81247470840
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