CMKX -
bvenus, I guess tramp hit his 18 post limit.
While there are a bunch of folks hopeful of a bigger
rocket ride on CMKX (compared to QBID etc.),
obviously something is going on with this with
all the strange, large vol (multi billion shares) trading
last few weeks.
- today, it seemed like the MMs were buying at 0.0002
(could it be covering shorts?) ; all indications are
few of the retail buyers were able to buy at 0.0002.
- we will know a breakout is imminentt when we start seeing
bigger lots being bought (>> 100M for example).
[0M shares at 0.0002 is $10,000.]
- if as some are speculating that there is a significant
level of shorted shares, then it can really propel this
to 0.001 level and above just by the short squeeze alone.
[I personally don't put much credence to the naked shorting
theories.]
- If they announce a significant find of diamonds etc
then we are off to races.
Just my 2 cents.
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