big money, did you happen to discuss the reasons for the recent changes in CEOs? They've had two resign in the span of four months, and I'm a bit skeptical of the reasons cited. Any sense of why so much turmoil among management?
BTW - I agree that there must have been huge amounts of stock for sale from the consultants involved in the reverse merger. The amount of their gain is just obscene and way out of line with services actually provided. $6MM for this? Nice job if you can get it. I bet some of them can retire on just this one deal!
Do you know what the current float for CHID is? That might be the only way to track how much new stock has come into the market.
bigmoney, don't know about pre-runup prices being the short term plan or not, but ...
... they sure wanted to pin it back to .54 this morning, there's a wall of buying lined up there. 6 MM's at the moment, with most of them not showing on the sell side until .60 or better. ARCA showing huge on the bid side.
Just a snapshot though, have to see what happens next.
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