I just HATE it when crappy stocks I OWN keep going up up up, and there are shorts that are pacing back and forth talking to themselves wondering how they are going to turn this TOTALLY BAD DECISSION into something good.
ok, initiating a new postion in this stock could be a tough decission. As I said, there are a lot of shorts that feel the same way as you. I just saw another 60,000 share purchase. I do not know how this works...in that I guess a market maker is buying shares and stock piles them to fill the order. I am guessing it is an institution that bought there.
Technically speaking, the chart is very strong. Emotionally, it is a tough buy, but fundamentally, the stock is strong and is not really showing signs of weakness.
Domestic and international growth are still strong...
Maybe a buy becuase of a potential short squeeze...or someone will buy CBST, or just set a stop under the stock ;-)