InvestorsHub Logo

2morrowsGains

03/16/17 3:36 PM

#33267 RE: hweb2 #33057

CSPI...Now trading in the low $11's. Looks like there is a strong hold on the shares that were accumulated last week in the $8's, $9's, and $10's. Still can't find any news but obviously something caused the big spike in price and volume. Lots of things percolating in the pipeline so hopefully news will be released soon.
Love the low share count.

2morrowsGains

10/25/17 11:22 PM

#40161 RE: hweb2 #33057

CSPI...Trading in the low $11's over the past 10 trading days with only 22,334 total shares traded over the 10 day period.
hweb, not sure if you're still following/invested in CSPI, but it just seems like there is such a strong hold on shares even with the stock trading near a 52wk high (52wk high = $11.52). Will it remain that way? I don't know, but I'm going to hold into earnings. Hoping for good results and guidance.
BTW, CSPi has been very quiet lately. Last major news release was over 2 months ago when they announced "the addition of key players to continue the company’s growth trajectory within the cybersecurity market and channel community."
These guys have a good presence in Europe/UK. With the right Myricom nVoy / low share count / and GDRP compliance mix, CSPI could be hitting on all cylinders setting new highs next year. Time will tell.