Quote:
Originally Posted by twobjshelbys
There must be a conspiracy, eh?
Well, CSBI is so thinly and infrequently traded with a 52 week range of .05 to .25 that no trend can be inferred. In fact, the last time it traded above .19 was on 14-Oct at .20...
I own some, and it's worth more printed on certificates since the artwork is quite nice.
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I never said there was a "trend." Nor did I say there was a "conspiracy."
What I did say is that stock prices are driven by the expectation AND realization of earnings. The stock has risen 33% in the last two weeks. My point here is that stockholders are expecting good news about future earnings. Now CSBI will have to deliver profits on their operations in order to keep the stock price where it is and grow it, if possible.
Now I'm not sure if we'll ever know how much profit, if any, is derived from the 43 potential "Resurrection" Cobras.