Thanks asf. As I know this stock like no other and am confident the low is 69 cents has been reached , from a high of $3.20, I think it's going to present some great trading opportunities but as a long term investment I'm not convinced. Pretty much everyone holding stock apart for the recent buyers between 70 cents and 80 cents, buyers in March 08 and 2002 + 2003 hold a losing position. Many holders will be what I call " I just want my money back " sellers. Effect of the last defeated sellers being "" washed out "" which I believe is the current situation as new buyers come in, holders that have held on grimly are prone to sell into the spikes. I'm pretty confident CUS will get back just over $1. Would be really handy in the current shaky macro environment is CUS retested the low ( or close ) and bounced of. Keep in mind a market update for 2011 is imminient and as the last 2 have been a shock to holders the market may be nervous. T
CUS Price at posting:
85.5¢ Sentiment: None Disclosure: Not Held