Tuesday, April 27, 2010

My guess about Cascade....

My guess about CACB stock?

Someone -- probably a major investor who can't extricate himself without losing most of the value of his stock -- figures that delisting from the stock exchange would be the end.

Someone -- probably a major investor who can't extricate himself without losing most of the value of his stock -- is trying to prop up the stock price above 1.00 for ten straight days.

It'll be interesting to watch the next seven days....