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Re: SurgeGuy2.0 post# 20053

Tuesday, 03/15/2011 6:02:44 PM

Tuesday, March 15, 2011 6:02:44 PM

Post# of 129051

CBIS is holding strong even with low volume and in the face of today's market action.....there is something to be said about that IMO..



After watching the action today, I do not see how you can say it is holding strong. Most of the trades today were done at bottom of today's range. Cats were artfully tapping the ask to keep the bids from falling.

IMO, it's gonna open at tomorrow @.074 with NITE at the bid (without news). Last two days have painted lower lows and lower "highs" (I know that sounds like a buzz kill. LOL )

This is down a about penny since yesterday morning at 11am. Last week exhibited nearly a half penny drop every day.

I am sure there are going to be rallies in the meantime with ppl finding a position. But it looks like we will be testing .07 by afternoon.

Good luck trading !!! :)

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