What I think happened was someone slowly leveraged up (close to a million shares) and when nothing happened they had to sell. (See the charts). This would mean a 150 thousand dollar bath for them. (I was hoping to make that more expensive). This could have been more than 1 person of course. Will they do it again? Not for a little while. If there's another leveraged batch that has to be paid for we might get more down. But, it will be comical when the buying begins anew. This is a traders wet dream. Go ahead and knock a few more pennies off. The rebound will begin this week. It would take a huge effort to continue the drive down. Folks would have to be mightly fearfull to sell more.

So how do a few people who skinned themselves make up for it? Why leverage of course. But at the risk of another group exploiting them. (insert mischevious grin). Now if Elmer would just toss us a bone. Oh what fun that would be. On the other hand, if this was a long or someone from the Whistler meet-ups then some rethinking is in order.

American Bulls

Our system posted a HOLD today. The previous BUY recommendation was issued on 10.16.2012 (3) days ago, when the stock price was 1.1500. Since then CUU has fallen -6.09% .
A Warning is in order! The previous BUY signal failed. Downward momentum now reached to intolerable levels. You can either wait for a new bullish alert or sell the stock immediately. It is up to you. We owe you an apology. You can play the short side assuming all risk if you want to. Our stance, however, is currently neutral in this matter.

So their system is calling the middle. Ie, no call. The board here overwhelmingly suggests this is the bottom. I wonder who's going to be right tomorrow?