CRYP has been bleeding down on LOW volume... it definitely looks weak here. HOWEVER:
it closed the gap (on a closing basis) of 1.20 from March 2011.
good news for longs is that thousand hills, david birkenshaw, amaya, and other buyers bought shares at much higher levels. they havent sold these shares either....
this tells me that cryp should be going up because these investors alone own more than 30% of the outstanding shares.
Do you really think they are going to lose on these positions?
hopefully online gambling laws are passed...
maybe the company sells itself? it did hire deloitte for "strategic review", remember?
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