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Wednesday, April 13, 2011 1:50:42 PM
CPWY, with all the assets and current contracts is trading around 13 cents with 56 million outstanding. Once that number increases by roughly 2.4 times, I would expect the price to drop accordingly, unless we see revenue increases that increase 2.4 times as well.
I applaude everybody's optimism, but having been burned before, I remain cautious until we see more.
The street obviously has spoken. Look at the PPS. Lot's of sellers still here......
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