Doubtlessly we have a few factors in play here:
1) Two days of heavy short selling per the RegSHO list - 30% on Monday and 40+% on Tuesday.
2) Weak hands that will sell on any dip instead of holding and riding out the storm.
3) Flippers that got in at .08 and out at .14. That's a pretty profit if you buy enough shares, which real flippers do. 100,000 shares at 8 cents = $8,000.00 and at 14 cents is $14,000.00. That's a $5,000 gain in 2 days which is more than I make in a month. Nice work if you can get it.
4) Lull between news and possible anxiety amongst shareholders as 15 March has now come and gone and no news on the Chongquin Grain Group deal or financials.
There is only ONE answer to this conundrum which is NEWS from the company. So give me a hand and help let them know we'd like to hear from them:
ir@cleanpowerconcepts.com
Good luck to CPOW investors.
