Replies to post #7509 on Clean Energy Pathways, Inc. (CPWY)

[fmrick]

Has anyone considered that this was some type of market error? The new symbol was previously used by another company before being bought out. Its name was Cardiac Pathways. They were bought out in the $5ish range, after a run up prior to the news being released.

I wonder if someone had a buy order in at $2.00 at a broker, for the old company, and it was a GTC order, that never went away. So, when the "new" symbol "reappeared", all the ASK sides up to $2.00 got taken out, before people realized what was happening.

If that happened, I just wish I had kept my boxed orders in place. I had this boxed at 0.50/0.05 until the first of the year. Took it out during some house cleaning and never put it back. It is there now.

[Koncrete]

Thats prety much what i was thinking may have happened. I'm one of those amature traders and I look at the 52 week high. It hasn't helped me yet.