I have just held my position on CQB. With my cost of $6.45, still not unhappy with the performace.
JMHO, still believe we will see CQB in the $20's. Not sure what Jagers motive was. Maybe he was for selling the company & they wouldn't. Or maybe the board wanted to sell the company & he was against it.
Bylo, this stock is hard to predict. I think the narrow float makes it very susceptible to swings, and perhaps a bit of manipulation. For the moment, it appears that the direction is up. The volume and price movement would suggest that CQB is under accumulation.
Nice bottom call. You nailed it. And the reversal has been ferocious. 20%+ in a matter of days. Based on volume, the accumulation was apparent, with some large trades getting logged at the end of the session. I would be curious to know if these were hedge fund and/or institutional buys, or if BB&T ran ahead of their revised recommendation in order to milk it. We'll find out when the next set of disclosures arrives. If nobody bulked up, it was BB&T.
I missed this one temporally. I would be happy with a 50% retracement if I get that from the low of I think $11.15-12.00. I guess I'm looking for mid $11'S. A couple neg 2% days and I'm in. I remember talking with you and Book a while back. It seemed like we were the only ones here then the bashing came. Between $11.00 and 12.00 this is a great buy.
I don't trust it to buy today. I owned this for a year from $4.50 to $17 range. Tried again a couple of time's and got hit. So I've been out since summer. Mainly in tech semi/networking stocks. CQB no major volume today plus almost every stock in the market is up today. Fresh Express problems and Durks comments lead me to think this will be sub $11.00. First round bottom pickers here I believe. We'll see. I rotated my FNSR stock into KMB. Looking at CQB soon. Mid Dec most likely.