Ivegotanace, to answer your question...
First, you have my apology for the delay in responding to your question. I've been a little busy as of late.
The lack of volume could be viewed both healthy to some while unhealthy to others.
Volume, as they say, usually precedes price, where usually certain people “in the know” buys in expecting something major to happen or be publicly released as in what we witnessed here with the release of the Form 4s and other SEC filings that transpired. With the “volume preceding price” logic, I think it’s meant "positive volume" precedes price. We know what companies dumping shares or “negative volume” do to a stock.
I have also seen where stocks release awesome news to cause significant volume and movement in a stock’s price immediately at such time which previously had no volume at all.
With CBAY, I think those that are in have already made the decision to hold and wait it out as those who played CBAY for only a trade have moved on.
Still, those who played CBAY for a trade still have CBAY on watch as many know the potential that could exist given the correct news from much that have already been discussed. Enough have existed to where a great many will always keep CBAY on radar at these levels if for nothing else.
v/r
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