Thursday, May 12, 2011 1:54:58 AM
Been watchin this one close, as no doubt many others are too. vurrry thin here and can easily move quickly up the penny ladder imo.
Some good informative posters here. for those who either don't get what's goin on here, or just plain want to he painful, consider just takin a rest. The illiterate guy in all caps, that means you pal. You're posts are embarrassing by any standards bud and hurt the integrity of a board such as this.
Now for some meat.
1. Anyone view the chart here lately (below)? A monster uptrending consolidation in progress. All higher lows and a very steeply rising 50ma. Only stocks i know of that show this kind of pattern are ones that are preparing for a huge breakout. In 3year view, i notice the stock was trading anywhere between .10 and .45 pre BK announcement,,,and I do not see any r/s notes on OTC notes. And for good reason. These guys had real revenues, hence a co like Pivotal is picking them up. This could be setting up for a huge squeeze back up to those kind of levels before all is said and done here. Seen it many a time. Also notice the 200ma was used as resistance prob by the short team to beat it back down. But now it is beginniong to flatten out. A break up through that means they will abandon their mission and capitulate imo. Add money that likes to make shorts pay, and you have yer major squeeze recipe. with the trade being this thin, next 40m day of buy pressure will knock this out the park my pimps and playas. Even 25 sends it flying big imo. Duh, it went from nearly .001 up to .01 in early april in 3 days on only approx 35m shares over all three days combined. And at that time accum was at its all-time LOW! Much higher today as is the pps. 35m shares from current pps could take it right to .03s just for starters imo. If i'm right and a squeeze is in the mix, then that same 35m could double that .03 imo. Big.
2. Anyone stop and consider why the comp has continued to issue regular 8Ks? In addition to others before it, 2 in feb, 1 in mar and 1 in late april? When they could have just filed a 15 and been done with this ticker altogether? hmmmm. tells me "someone" still has a real interest in this ticker and its pps. Otherwise there would be no reason to be maintaining communication with shareholders on that regular of a basis while in BK. Companies NOT in BK issue less communications let alone SEC 8Ks.
IMO, with a group like Pivotal in the mix, and a very clean shell like this also in the mix, something big is likely here. As one poster put it, a savvy group like that would be just plain dumb not to go for something with this ticker now. Just too huge of money for them to make here in some fashion. They got to where they are by being smart, not stupid and passing up big investment money makers like this ticker. They have many high profile investment clients, they may just want to bring one other in. Or when all is said and done with CGS in BK and they have shed their debt, why not decide to keep them public? With Pivotal then owning all the assets of CGS, a public CGS could be a monster with their kind of revenue and market penetration. This is a Chapter 11, not 13 after all.
3. Lastly, Pink tickers are RARELY, if ever, just "shut down" and shares cancelled. Duh. The shells are bought and sold in perpetuity. Ticker names can change, but extant shells only trade hands. At a going rate of approx $500K, well there you go. Oh, someone will be inhabiting this shell in the near future alright. Now its just whom. So either way, this is one promising ticker imo.
So far, going by a good litmus like the chart, the market seems to be saying this is something rather than it's not something. The overall uptrend proves that. Just waiting on some good news now imo.
Some good informative posters here. for those who either don't get what's goin on here, or just plain want to he painful, consider just takin a rest. The illiterate guy in all caps, that means you pal. You're posts are embarrassing by any standards bud and hurt the integrity of a board such as this.
Now for some meat.
1. Anyone view the chart here lately (below)? A monster uptrending consolidation in progress. All higher lows and a very steeply rising 50ma. Only stocks i know of that show this kind of pattern are ones that are preparing for a huge breakout. In 3year view, i notice the stock was trading anywhere between .10 and .45 pre BK announcement,,,and I do not see any r/s notes on OTC notes. And for good reason. These guys had real revenues, hence a co like Pivotal is picking them up. This could be setting up for a huge squeeze back up to those kind of levels before all is said and done here. Seen it many a time. Also notice the 200ma was used as resistance prob by the short team to beat it back down. But now it is beginniong to flatten out. A break up through that means they will abandon their mission and capitulate imo. Add money that likes to make shorts pay, and you have yer major squeeze recipe. with the trade being this thin, next 40m day of buy pressure will knock this out the park my pimps and playas. Even 25 sends it flying big imo. Duh, it went from nearly .001 up to .01 in early april in 3 days on only approx 35m shares over all three days combined. And at that time accum was at its all-time LOW! Much higher today as is the pps. 35m shares from current pps could take it right to .03s just for starters imo. If i'm right and a squeeze is in the mix, then that same 35m could double that .03 imo. Big.
2. Anyone stop and consider why the comp has continued to issue regular 8Ks? In addition to others before it, 2 in feb, 1 in mar and 1 in late april? When they could have just filed a 15 and been done with this ticker altogether? hmmmm. tells me "someone" still has a real interest in this ticker and its pps. Otherwise there would be no reason to be maintaining communication with shareholders on that regular of a basis while in BK. Companies NOT in BK issue less communications let alone SEC 8Ks.
IMO, with a group like Pivotal in the mix, and a very clean shell like this also in the mix, something big is likely here. As one poster put it, a savvy group like that would be just plain dumb not to go for something with this ticker now. Just too huge of money for them to make here in some fashion. They got to where they are by being smart, not stupid and passing up big investment money makers like this ticker. They have many high profile investment clients, they may just want to bring one other in. Or when all is said and done with CGS in BK and they have shed their debt, why not decide to keep them public? With Pivotal then owning all the assets of CGS, a public CGS could be a monster with their kind of revenue and market penetration. This is a Chapter 11, not 13 after all.
3. Lastly, Pink tickers are RARELY, if ever, just "shut down" and shares cancelled. Duh. The shells are bought and sold in perpetuity. Ticker names can change, but extant shells only trade hands. At a going rate of approx $500K, well there you go. Oh, someone will be inhabiting this shell in the near future alright. Now its just whom. So either way, this is one promising ticker imo.
So far, going by a good litmus like the chart, the market seems to be saying this is something rather than it's not something. The overall uptrend proves that. Just waiting on some good news now imo.
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