Feb. 20 at 11:55 PM
$CBAT The company can probably hold the day end price over
$1 for the next seven days. Using say 50,000 shares and light trading they can set orders at the end of the day for
$1.03. Then resell the shares in small lots throughout the next day. Then they put the
$1.03 order in again at end of day. So using the same 50,000 shares over and over again they can maintain the day end price over
$1 at very low cost.
Of course I think the next quarter will blow estimates away. Stock can jump higher with good earnings especially if they don’t have any pending listing issues.
