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jimstock

11/02/10 1:14 PM

#9230 RE: Nisbo #9229

The projected .14 per share is the kind of projection I like to see. If CWRN hits that projection, where ever it came from, you will not be the only happy investor.


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microcaps1

11/03/10 1:41 PM

#9264 RE: Nisbo #9229

There were also such projections on the yahoo board around May 1.
I believe thats why CWRN ran from .001 to .0071(a seven fold increase)over a few days to May 7,2010-- because there wasn't any PR at the time. To simplify,people just took the estimated tonnage expected this year times price divided by total shares(including the restricted shares).
Longs mostly held because the scuttlebutt was that this was going to 3 cents within days at the time and thats what it looked like.