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aweshitzky

09/29/14 4:52 PM

#11175 RE: willlbone #11174

Interesting end of quarter push

I don't think an average trading volume of $1,000 worth of stock per day really interests MMs, do you?

Today's volume approaching $100,000 with a 40% drop is perhaps more interesting. Who is accumulating? It is likely debt holders like the Chairman who are selling. But how many Charlie Browns are there to buy right now

Two days left in the quarter --- how many systems will they sell. No gimic can overcome lackluster sales.

Vaffan-Coulo

09/29/14 10:14 PM

#11177 RE: willlbone #11174

"...a thump today."??? More like an old-fashioned "Alabama ass whuppin" if you ask me!

Down 40% at the close and at one point traded as low as EIGHT CENTS a share! That down 40% in ONE day may be a new record for CTTC -- I sure don't remember seeing it off that much in one day.

Did they halt trading for some reason between 11:30 and 1:30? Nothing traded during that period and afterwards it became a scramble to get out before closing time -- almost a MILLION shares traded in about TWO HOURS!

No news -- but that's par for CTTC. No SEC filing but maybe one will pop up in a day or so. Could it be another Conrad "shoe" about to drop? Maybe the COB finally got tired of waiting to get hos money back and decided to force it into chapter 11 in order to get at those tax loss carryforwards.