just getting going on my dd on ctkt, good pick up though, i was of the opinion that the disclaimer was a cookie cutter disclaimer so
companies wouldn't get slapped with disseminating innaccurate info.
what caught my eye was the mm activity.
1 yesterday was 14 buys in a row and they dropped the ask from 8 1/2 cents to 8 cents in the midst of the buying.
2 only one mm appears to have shares below 9.5 cents, question is how many and how long to eat up his supply if he has one and isnt shorting.
3 2 days ago after mm's started getting hit with buys the bid ask was 5/6 cents, the mm's tried to shut down the buying by spreading things to 6.2 cents by 8.5 cents,
no one sold or bought, so the mm's raised bid to 7 cents, making it 7 by 8.5, still no sells, at 3:48 approx 135,000 shares traded, half at 8 cents first and half at 7.7 cents, all in one minute, i believe one mm was caught short, tried to shake out shares got none and was forced to buy supply from other mm's, reason on a block of solid buys ask dropped a hair to 7.7 cents.
4 ctkt only did over 100k share volume once or twice before october,
in october half the days cracked 100k vol.
5 close to a 2 million dollar order backlog
6 how many bb's have the juevos to say we are a 5 cent stock but we have a plan via aquisitions to qualify for small cap.
7 no apparent hype or promotion on ctkt i can find, dead thread on si,
volume and gap in mm spread tell me something is going on,
hopefully something good
cav
ps i wish every bb was forced to report or get pink sheeted would make the whole game more honest.
pss just struck me how out of place your post was, did i hit one of your shorts by accident, ctkt was a sleepy stock if i didnt pick up on it mm's or shorts could have covered in peace.
psss layed off aimh heard who was shorting it to ground, if rumor of ceo's willingness to issue new paper wasn't around i would get in there. |
