My thinking goes in the same direction. I've pretty much stopped playing pinkies and, win or lose, COPI is to be my last "long" OTCBB. Big boards for me after this.
The news was everything we'd hoped for, the charts were set, the MOMO was there...and we're down 25%.
I have no idea what this is about. The volume and direction certainly look like dilution or naked shorting, but it's usually easy to spot a particular MM dominating the ask in those situations and I haven't seen that today. The alternative is a plain old sell off, but why? Even for selling the news, this seems extreme. This is nonsensical, imo, and I'll continue to hold as long as we stay over the par sar. Keep an eye on buyins to see if we end up reg sho. http://buyins.net/tools/symbol_stats.php?sym=copi
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