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Re: Pharma219 post# 23439

Thursday, 02/28/2013 11:58:16 PM

Thursday, February 28, 2013 11:58:16 PM

Post# of 66390
You would expect lower volume on a day after it ran. If the volume had been the same and the pps was where it's sitting now I would be concerned. CERP has been releasing PR's weekly for the most part. I would agree a revenue PR would help gain momentum, but as long as it is timed effectively. I think they released the $500k, $300k and change in CFO PR's too quickly, which was why the gaps were created to begin with and now we are having a hard time breaking through them. Once we get through 0.048, we will experience a similar pullback and consolidation on the next gap, jmo. I do think a revenue PR at this point would definitely help break through this resistance. Good luck to everyone.