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Monday, May 09, 2011 11:18:44 AM
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=cavr&insttype=&freq=1&show=&time=6
This does not appear to be a pump and dump in the classical sense but PR's, investor chat, and a stock promotion web site certainly drove the stock up 600 percent, and on some reasonable volume. There may be a few who got in during the 9 months, or even the first and second weeks of March, who, seeing that the stock has stalled, are willing to take their 200-300 per cent RTI.
I believe that you will find that most here on this board are in it for the long haul however there are some penny stock traders who just look for a double or triple and then move on.
If the company performs as the PR's indicate (and the PR's are accurate...there are a lot of penny stock frauds out there) then the stock will climb.
JMHO as current investor with a significant position.
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