Crookk, bb stocks move in a different way then big board stocks... even with fantastic stories and P/E ratio... and that's always the trap to people with an "investor's mind" IMHO. I used to be one when I first played bb stocks, took me a lot of changes and transformation to get me here... don't know the background of the stock, and I still play it, focus on the negative element of the stock, and bash it LOL.
WCAP, the trading range is pretty tight for this stock, about $0.5 for each support and resistance. BTW, CMRC is not going to do their 11th fold growth in the near future, the stock should drop... so will WCAP? Maybe $3.5 is a safer bet, IMHO, but the trading range is too tight for me to say it won't bounce at $4... but somehow I like it at $3.5 better.
signed,
Bernard
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