For some time I've written that the aggressive hyping and reckless pumping that was done on twitter and stocktwits and reddit etc. Caused undo reckless investing in cyio unless a merger announcement comes out unreasonably early.
And so the investors on those other media choices I mentioned were over stimulated and bought too fast and too high.
Remember my numerous posts where I'd comment that it would be much preferred to have had a 65 cent to 70 cent range that was stable rather than a peaking range to 83 cents and then a drop off to 45 cents.
Some wanted to argue otherwise with numerous reasons that were not logical.
But my reasoning was sound then as it is now. (we weren't even below 49 cents at that point that I said it.)
It doesn't have to do with charting at all. . . It has to do with the wrong grouping of buyers being hyped with no timing or illogical timing expectations. Do I continue my belief that CYIO is going to be higher than $1.00 after a merger announcement. (not defining how much higher)
But you can't have 1 or 2 posters from IHub go over to those other boards and over stimulate expectations to day and swing traders and not expect impulsiveness and impatient time tables to take over. We've been emotionally wounded by those who did it directly and intentionally and all the victims who were impacted by those few were financially impacted.
My timing expectations remain in the later March to late April timeframe for that announcement. Investors on IHub were not foolish or fooled but certainly much (not all) of what I've read on those other boards were and the culprits who did it still don't understand why they harmed others.
CYIO is worth much more than current prices but in its good time. Even the best bourbon or biggest steak can hurt if it's over stimulated.
At the VERY MINIMUM Until our year end report can be completed there will be no announcement . . . THAT WOULD BE THE MINIMUM THRESHOLD plus any other SEC timeframe needs to evaluate and approve.
Looks at CYIO like a pro football game. . . You want steady momentum to win the game. . . get too cocky and the other team. Starts to catch up - then you get scared of losing or you get determined to regain your momentum.
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