That "strong support" on Oct 3, 2011 was a one day dead cat bounce. Further back, say 37 months or so ago the pps penetrated .86 and went to a high after POTUS made mention of Capstone. Since that spike if you look at the long chart it has been trending downward ever since. Yes, there were a few places to flip and make a few bucks, but the trend has not been our friend.
We are only talking about another one cent and a fraction to go downward "before things get ugly" which could very well happen today. Personally I think things are already pretty ugly despite the recent history of improving numbers.
Not a peep out of Chatsworth for 84 days despite them being prominently and negatively featured in the world press. The reasons for the lack of response to hosting the infamous Watering Hole malware I would hope are due to guidance from much higher authorities than their own Counsel; This is a big deal in a brave new world. The reason for the lack of new "material" orders is because there aren't any, or at least one would be led to believe that considering past Press Releases.
I'm still intrigued about the plethora of "Career" openings at Chatsworth. Due the very nature of those high dollar jobs should be enough for some type of announcement, unless such an announcement is detrimental to the company. One would hope that the new overhead will be off-set or exceeded by A/R. Any statement of course would be "forward looking" unless there are orders placed that we haven't been told about. I also don't know if these jobs are being brought in-house (if they were previously out-sourced,) or are positions opened up by former employees.
Lot's of intrigue, speculation (except for previous oft-quoted numbers,) current downward movement in share price, bad press, and no announced orders make it just a tad difficult to do any real DD at this time. Steer your on course seems to rule the day, and it goes without saying that I do hope that we don't run aground.
AI
