From TA Perspective, chart is ready for a massive breakout. Perfect "Cup and Handle" has been formed. Take a look: http://stockcharts.com/h-sc/ui?s=cnrd
The breakout coupled with pre-earnings run may take the stock up really high from the current $17's levels...
Tuesday, October 9, 2007
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1 comment:
I have been an investor in CNRD for over a year now, the company has clearly turned the business around and strengthened their balance sheet. I have had several correspondence with the CFO re: re-listing, which is the only way to get the true value of the stock. He has told me each time the initial reason why they delisted, and that it comes up during board meetings... Only to later realize they still have decided not to re-list. I'm not sure what their exit strategy is, was wondering if you have looked into it in greater detail?
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