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Re: jaws123 post# 5817

Monday, 05/09/2011 11:18:44 AM

Monday, May 09, 2011 11:18:44 AM

Post# of 31706
jaws123, what you're missing is the fact that this stock was a penny for nine months. Around the first week of March word was getting out. 3 or 4 million shares traded still under a penny and then the real pump started. See graph.

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.