Is CNIT (and its numbers) too good to be true? If not, why does the stock keep going down?
"My dad once told me, 'Son, one day a man is going to approach you on the street with a deck of cards. That man will bet you that he can make the jack of diamonds leap from the deck and spit cider in your ear. Son, I tell you, do not take that bet, for you will lose.'"
Actually, the stock doesn't keep going down. Since September 2009 it has established a very predictable pattern. It bases at about $4.80, quickly jumps up to $6 or $7 then (like Chinese Water Torture) slowly drifts back down to $4.80. It has done this 4 times in the last 16 months.