Replies to post #42435 on Value Microcaps Motherboard

[lentinman]

Bunky: CXTI:

Well, if you are asking if I still own it, the answer is yes. However, I own a lot less of it than I used to - just like almost every stock.

As to what to do now, I would just look at the chart below. It is clearly coiled and ready to make a strong move. Unfortunately, I can't begin to tell you which way.

If you look at the Volume By Price (red horizontal line) on the left hand side, you can see that a HUGE amount of purchases have been about right where it is now. That means support - strong support. If it breaks it, it is not good!!!

If you want to buy, it would be a decent time to buy, but a stop loss might not be a bad idea.

Len



Len

[stanu78]

Bunky, CXTI is awesome opportunity if you believe that they can continue to secure more contracts.

Profitability (margin) is somewhat degrading the last couple quarters.. but maybe thats because competition is heating up.. or they are growing hence the cost up front of securing enw projects...

but bottom line is if yo believe they can continue to secure new government contract (and I'm sure they can do it profitably) and use cash they generate from operation (read: no more dilution, especially floorless PP), they will be fine.

I can see CXTI ebcome a $3 stock when they started posting a consistent $8-$10M or more annual net income...

Stan