Tuesday, June 15, 2010 8:22:24 AM
What I can say, with reasonable certainty, is that the market is a forward-looking mechanism, and that all that is known, is already factored into the price of the stock at this time.
In February, when the price of the stock was at 0.034c at its lowest point, all that was considered risky with regard to the stocks price, was factored in, and the risk of buying it there had been taken out, as it was considered under valued.
A HUGE amount of BUYING happened a few days after that, sending the price up to 0.42c
*******We are at a similar juncture right now.**********
The MM's have brought the price all the way down to a recent low of 0.062c, where I believe the stock is correctly valued to account for all the risk that is being considered.
I believe we are at a point now, when the stock is being perceived as undervalued once again, and we will see the stock make NEW HIGHS above the 0.42c, since the company is perceived to be at a better, and closer point of a "deal", "contract", and or "revenue".
http://stockcharts.com/h-sc/ui?s=CCTC&p=D&yr=0&mn=6&dy=0&id=p58126448042
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