News Focus
News Focus
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ensign7000

05/16/11 3:02 AM

#4564 RE: dragoon76 #4563

Two key things come into play here.

LOW FLOAT (CGSYQ O/S count 168 million)
LOW MONTHLY RSI (CGSYQ's WAY OVERSOLD)

Add a little bit of volume (brave investors), and bam, we have a winner.

CGSYQ's O/S count is actually high enough to make it volatile, causing it to rise and fall on each 8k and BK progress news and/or BK exit news.
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Rustler

05/16/11 11:32 AM

#4588 RE: dragoon76 #4563

An excellent point... does that mean CGSYQ is dependent on attracting new meat?