IMHO, there are now two basic paths for the stock to take before the earnings announcement on Monday. A further consolidation in the trading range of the last few days or a run up to about $1.55 as more speculators buy before the news. I wish it would trade down below $1.10 and will put in a buy order in that area but I have serious doubts it will be filled. Do your own DD and GLTA.
CPST chose the consolidation route and the one path that Nick forgot. Doing nothing, just a massive fight between the buyers and sellers, entertaining, but in the end profiting no one except the brokers. One more trading day before the announcement. As to the $1.03 gap, if it's financial BAU, it'll fill. If CPST is rising into profitability, it'll be there for years. Just MHO. Do your own DD and GLTA.
Cpst is a very long emerging company, only 14 years old, so give them a break, Mikey! Amazon took years to come to fame, and cpst is not that far behind. Joust another quarter or two. Everybody wants a cappie in their basement, or on the roof. In my opinion basement is better, don't you think?
"If CPST is rising into profitability, it'll be there for years. Just MHO. Do your own DD and GLTA.