CAOL CEO and WVFG went on brokerage tour I heard recently, maybe more volume will come from that. Reception, they say, was good.
Many BB stocks are weak, but some stocks are rising from the dead, especially SYCD most recently, FTRK a while back, WLGS, etc. Many seem to sit for months before doing so. It's almost like some big boys want to acculumate lots of stock at low levels for awhile, and then the MM's turn friendly and help creat a panic BUY.
The very fact that the MM's tried to sucker people out at 25 cents bid last week on that panic attempt, tells me they may want to run this up at some point. But we will have to see. The news on their ISP deal is coming at some point too, but not sure that will be a trigger to move this one up
It's really puzzling, huh? Stocks like OMDO are over $2. Hard to figure why the MM's wanted CAOL this low with stocks with so many other stocks selling only on potential as well. In fact, CAOL has a much more diversified game plan than many companies that are selling on potential. I think CAOL is way more "real".
Do they think this will be a big winner someday and want to pick up cheap stock? Well, normally they don't hold inventory that long, but I can tell you this....they have more patience than 98% of people on the BB. LOL! |
