Chilbear,

Thanks for posting what I believe are two possible explanations for what the MM's are doing with the daily trade patterns of CGNH. I also agree with you that the share price is "coiled" but I may be less certain than you regards a pending "SP Leap".

I am becoming more concerned on a daily basis that "something" is/has gone wrong in the development program for the POC analyzer. With all of the months that have elapsed since Dr G first publicly stated that the head-to-head study would be completed in the .... months, IMO if CGNH fails to supply meaningful information (like equal or superior test results versus the in house Siemen's analyzer) by the end of this quarter the SP will become even more tightly coiled than it currently is.

If this scenario unfolds then I will be at a cross roads regards CGNH: either I continue to purchase shares priced below 20 cents or I begin to slowly liquidate my position.

Ante