Consumer Automotive Finance Inc (CAFI)

[justwatching77]

I'm not sure I see things as bullish as you do. 1.50 has broken down, it is at the 50 dma and looking to cross over tomorrow, and the low volume over the past several sessions is more an indication of indecision (see yesterday's doji) and lack of buying rather than selling dying up. I believe there is a seller(s) trying to dump shares still without taking this thing out. If you want a bullish sign...you'll want to see big volume on a intraday dip. Last...from a TA perspective...there is no support here now that it's below 1.50....you won't find any until 1.25ish. Nobody is rushing for the doors quite yet, but there sure are more doubters, including myself. I haven't bought back in, but I will if audited numbers say things are for real. If this thing turns bad...it's gonna be quick and ugly...good luck getting out. On the other side...if good news comes out..i might miss out on a 20-30% move but at least i'm getting in with reduced risk and on the way back up. Why torture yourself people...you'll sleep so much better. Good luck.Cheers.