Thursday, December 08, 2011 12:07:16 PM
Yes, CHDO has certainly improved from the doldrums of the half-pennyland of recent years relative to the PPS.
But the "potatoes", the volume, just simply isn't there. As of this writing, not a single share of CHDO has traded this entire morning. As of this writing, not a single share has traded in the past twenty-five hours.. Unfortunately, this isn't unusual.
Without volume, and I mean millions of shares a day, you cannot establish a "real" value to this stock nor can you even establish a reliable trend since a few tiny trades can swing the current price rather dramatically and show percentage gains or losses that are not truly significant.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
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