Don't be fooled by web site hype.... sure, just like every stock, the price will be pushed in front of press releases by pro market traders, promoters and Market Makers but everyone has to ask themselves, is this the one to hold..? Does the technical action say there is more here than meets the eye..? the up and down swings bring in a different type of buying with each swing, it is this up and down shaking that forces many to sell and get off the play, these investors usually find that when a stock finally runs, they don't have any shares...
CMOZ's price ran up in the beginning on virtually nothing (just a good market, lots of hype, and one acquisition)... but after the pull-back was complete (to the $1.10 range), the game began to change... there were the shorts and people with personal agendas that were everywhere on the CMOZ threads saying that the stock was going to $0.10... but something happened, CMOZ continued week after week to make acquisitions, launch casinos, hire a PR firm and Investment Banker, etc.... looking at the chart, this developed into a two pattern consolidation, about 15 million shares of trading between $1.00 and $1.30, then an upswing in price and about an 8 million share consolidation in the $1.38 to $1.45 range (actually within pennies of the $1.40 mark)... then four strong trading days (last two over 1.5 million shares each day) and here we are knocking at the door at $2.00... in my opinion, the float has thinned in response to consolidation based on acquisition and wealth created by the company, and we are primed for what could be a significant move if everything hangs together, and by this I mean, the markets stay bullish, CMOZ continues to make acquisitions, promotion level remains high, and the shorts get a little scarred... with the acquisition of BuckInvestor and MBMagic, this has dramatically broadened investor circles, essentially brought in a new breed of investors who are close to these two companies, the net result being more and more buying and I suspect we are still at the beginning of that cycle because 1.5 million share days simply isn't frothy enough to indicate that this is over... I would suspect that a good shake, rock and roll day would result in about 3 plus million, maybe even 5 plus million shares changing hands... so... my point in a round about way is the web site is not as important as most are talking about, it is just another small piece of the puzzle that needs to be put in place... nevertheless, it is a very important piece of the puzzle because it does focus the play and generate a lot of traffic and attract new investors... |
