About CPOW being unable to break above .17 in recent history:
This pure 100% musing from yours truly, so take it or leave it, its all just musing, and not really even opinion or belief ... just thoughts:
Since the OTC is defined by volatility and almost unequivocally filled with people running around like greedy chickens with their heads cut off looking for the next big 100%+ pop, should it really come as any surprise that there is no upward movement in CPOW right now?
Think about the history ... the stock has popped not when meaningful news annoucements came out, but when newsletters pumped it. That follwos for the more recent KND annoucement. Some newsletter picked that up and heralded it, and the stock popped to, what, .22 for the day, and then went back down?
Newsletters havent picked up anything recently (that Ive seen). The stock also hasnt moved.
You look at any "real company" out there, and they DO NOT move significantly in the short term, with some exceptions being HUGE news stories like earnings beatings or mergers, etc....
What moves the price of a stock like CPOW? IMO its news and earnings. News will only move the price if people are paying attention to it. Is it fair to say that those that bought it back in Dec were reading about CPOW only through newsletters? I think it is. Is it fair to say those same people are mostly all moved on to other things (and maybe feeling rather burned by CPOW?)? I think it is. So what remains? IMO its investors. Which explains why the massive volatility in this stock has largely dropped off. It's been trading in a pretty consistent range for the last two weeks. Thats what you expect to see from a stock ... a range that can be largely predicted based upon highs, lows and averages. uring the pump and dump there was no rationale to any of it.
Remember ... it pumped to .50 on news of what!? MOPO, aquiring rights to this patent, addition to Canada's top 50, and doubling of revenues in 2010 (which is nice but not enough when considering they still operated at a net loss).
When CPOW announced that they'd entered this LOI with CongQing, THATS when the price began to drop! When they announced truly significant news for their future.
All news announcements since the dump period have been much more significant than those during the pump IMO. What does this tell you?
Ive heard it said, "in the short term the market acts like a voting machine ... in the long term it acts like a weigh scale."
So if all the above is true (and remember, just musings here) ... then we each need to ask, what are we looking for with CPOW? A big starry jump to $1, $2, $4+ within a day or a week? Or are we looking for time-added, meaningful value that MAY reach those levels in a period of (probably) years.
If its the former, I think we'd be better served subscribing to spam newsletters and chasing their recs. (but just be sure to sell before the drop and dont hold the bag!!!).
If its the later, we should keep up our DD, be clear about the amount we are willing to risk (cause it all rides on unknowns), stop hoping for another super-pop, stop worrying about what the OTC community says, and buckle down for a long-haul.
Another musing: is it an insult or a compliment for a company to be ignored by the OTC masses?
AI
