You might want to consider CPTC as a bounce play at this point. It was over $6 in December and closed at $2 today. Shareholders are disgruntled over lack of recent news, however the company, I believe, is on the verge of a couple of significant contracts being completed. IMO, this one could go to 1.80 where I believe a firm bottom would be recognized. On the other hand it could go directly up from here. Good luck to all.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.