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Re: Funstick post# 212

Monday, 11/21/2011 7:48:10 PM

Monday, November 21, 2011 7:48:10 PM

Post# of 299
I've noticed few green days for the market when CFW has 600K to 1.2M volume.. but on a day like today, no one would be buying.

I actually tried to buy few at .123 and they quickly jacked up the ask to .124 then .126 for even small lots..

Only going by the previous history of CEO- Latimer, and their comments in AR- that they are near point of selling assets.

They have until Nov 28 to respond to the last de-listing notice which dealt with ongoing losses from operations- (most of which was due to being forced to write down ongoing reserves last quarter)-

Have heard they might reclassify these reserves into the balance sheet for next report- so waiting to see what happens over the next few weeks...

Worst might be pps dropping and pick up some more during tax loss selling?

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