Good look at the motivations of investors.

I do believe that SP of CLL is even more affected by a particular subset of the "Opportunists" that you described.

There is a specific strategy known as "channel trading" that is a favorite of short term traders.

The key to this strategy is to find a stock that has limited downside risk, but has enough upside potential to keep upward price pressure on the shares.

Such a stock allows one to closely follow the technical charts, buy at lower resistance levels, talk up the prospects or current news, ride the shares up for a few cents and then sell into short term strength.

Ride the shares back down to resistance again, buy and repeat.

I think it it is obvious that CLL has provided a decent living to folks who have used this strategy with the only real risk being the possibility of being out of the shares when a real breakout occurs.

CLL is such a perfect stock for this strategy, as a result of massive asset support, lack of institutional support and listing on a secondary stock exchange, coupled with a relatively unsophisticated mangement that it will stay in this channel until something happens to break the cycle.

Until then we will see the chamelon "supporters" who will either emphasize the near term succeses or exagerate some irrelavent event, like "insider" stock sales or issues with PDP to sow doubt and hasten the downside correction in order to reestablish positions.