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Message from discussion What's going on with this stock - Suggestions please
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Chris  
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 More options Nov 4 2009, 11:38 am
From: Chris <codip...@gmail.com>
Date: Wed, 4 Nov 2009 08:38:32 -0800 (PST)
Local: Wed, Nov 4 2009 11:38 am
Subject: Re: What's going on with this stock - Suggestions please
I think CT may hit a 1.60 low today besides the opener.
A lot of people bought on anticipation of the Q3 report thinking it
was going to jump after a better than expected result.

That result happened, and now those people realize that there are only
22M shares outstanding and most of the investors in CT are long term.

So there were quite a bit of unresearched investors until this morning
prompting the sell off. They probably won't buy back in either now
that they've learned the nature of the investors of CT. Which is low
volume and long term.

Actually they may buy back in, but once the stock breaks double digits
like LVS did.

Whatever the case, this isn't a marginable stock anyway at this time.
A short bet was the wrong bet to make on CT. Anybody who has been
watching CT or has researched it could have told you that. I am glad
that I can hold as long as I want as this one has huge potential, as
does AIB, EGT and others in my opinion.

I am not a pro however. Just an amateur investor. I have been trading
for a little over a year now, but have a good record of ROI.


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