I suspect some mutual funds are beginning to pick up CECE. They have to be patient to build a position as volume is so thin in this stock. I will enjoy the ride at least for the time being. ~ bargainneer
If you draw a line on the chart from the year-end low to the March low and extend it, it appears that support is around 7.50. Which is what we hit today. Not sure if it will go any lower or not.
I think this stock is in a major bull run and will be double digits in 2012. So I'm not getting too cute about trading shares. We may or may not have more weakness before the next leg up. Yes, I agree that $9 is a logical next stop.