Centaurus Diamond Tech. Inc. (fka CTDT)

[bizops12]

No the stock does not have nearly enough available float to flip that much. The market is dynamic. What happened a few weeks ago has nothing to do with how we are trading now. You had a large number of shares dumped a few weeks ago. You also had a massive amount of shorting. If you check the otcshort report you will see that most of the shorting is done. Of the shares that were dumped on the market some went to longs and some went of flippers. The trading pattern we have settled into now is a result of: Limited shorting, no longs selling leaving the few hundred thousand shares the flippers have as the shares available on the market. The few longs who have powder to purchase shares are sitting on the bid hoping to take advantage of the low pps. Hence the flippers will sit in the mid .03 range but as the day goes on will move smaller and smaller blocks down till they move a small amount of shares. We will be in this pattern until longs start consistently hitting the ask or new buyers come in putting upward pressure on price or longs start selling. I don't see many longs selling nor do I see any reason for new buyers to come in until more news comes out. So the pattern should remain fairly constant for a few more weeks.