The chart of CUU is actually quite constructive. We have formed higher lows since the December bottom, plus, have moved back above both the 50 and 200 DMA's.

This is all the start of a base building process.

I look at a lot of charts on a daily basis, and CUU's chart is showing a classic bottoming formation. As long as the shares remain above the $0.15 level on a closing basis, I will be bullish.

It is tough to blame investors for their impatience, but technically, there are finally some encouraging developments underway.