The charts suck with that fall. But when dilution raises its ugly head the price usually tanks until the price can get its footing again. As I pointed out earlier, Historically, the 18 M dilution is relatively small. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101407181
We will have to look for a new chart pattern to develop when the bottom is found.
It's funny how, any other time, we would be happy to see an Institutional Holder buy 18.8 M shares worth $30.2 million. It would be a very good omen for CPST momo, and we would wish we were them!
Now an individual buys a truck load, and it's a different discussion.
I know, I know, dilution, but their original discount of .36 is valued right now at a discount of only .08( as I write)+ in their favor.
I am thinking that $30.2 M infusion of cash may play a most important role in the 1Q financials and announcements of breakeven and profitability,(too late for 4 Q, imo) and may turn out to be our best friend.
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