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CTGLF next leg up

Started by FreeLove, December 13, 2005, 02:09:46 PM

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Like A. Rock

Yeup. Take a look at Friday's volume. 5 times its average volume. This is ready to bust loose IMO. Monday morning is going to be key entry as shorts scatter to cover their shares. Lets also not ignore centerline macd crossover. The indicators are lighting up. I'll be on the train Monday morning. Nice pick Prince. It's up respectively since you posted it.

deadcenter

The company has over 86 million in net assets and at the current o/s  263million, that equals to .32 of book value.  The company has a great deal of cash for growth and is expecting revenues to grow very quickly with the new contracts that are being closed.  The next quarter could have 5-6 million in revs alone.  I don't know what kind of multiple we should use to calclulate value but....the actual book value is 3 times what its trading for.
To me that says....the stock is grossly undervalued.  Soon it will appreciate to its real value.


Malum2006

Thank you for your response.

I noticed they do not file with the SEC on a regular basis.

If they do well, but do not report it, will their success matter to the market? (how will we know?)

lbotez

.12 now

this stock is in an uptrend.

check out the hourly chart:




ipoli

CTGLF has broken resistance!  

deadcenter

Breaking the 200 day ma is huge!  What is even better is that its holding nicely.
We should see this uptrend for a while now.

JT_Marlin

CTGLF break out 1 and 5 yr charts tell story no resistance till .30 , then see top of chart for goal posts on the 5yr. The 2003 run from .08-2.25 started pretty much same way.  Expect this to happen when company moves to amex 2.25 . Also number of big contracts should be coming before first of month and then right after  5yr>>>http://tinyurl.com/8runl                    1yr http://tinyurl.com/boh54

Like A. Rock

Well, it broke 200 ma, the skys the limit now :D No, but really, good call guys, now its time to ride this one out for maximum gains. I think this can easily move into .30's, but we will have to wait and see. GLTA

ipoli

Ended the trading day yesterday on a new HOD @ .14 

domination

looks good, hope it doesn't crash hard like back in may
let's see some volume

FurrySound

Looking good today, nice run so far, liking the chart.

domination

looks like a top was put in, i'm going to wait for a pullback before i chase anymore.

JT_Marlin

Next Leg up starts tomorrow!!!

doyerdiligence

Ol' boys at it again, damn i made some sweet coin here.$-)
look at all these newbie posts, get ya counts up kidz HAHA  :o
Increased Liquidity found at www.otcmovers.com

Like A. Rock

I'm with you prince. This has moved nicely and I expect it to gradually rise as the new year approaches. This company has really showed significant improvements in the way they are running their business. The company's restorative balance sheet is attracting many investors. Small retracements should be bought into. This has strong potential to advance into a greater trading range. I will be more delighted than surprised when this is trading mid-dollar early next year. All just my opinion, using their recent 10q report and 5 year chart history as my source of information. Company is undervalued and the pps will soon accommodate its shareholders. MARK THIS THREAD! ; )

http://finance.yahoo.com/q/is?s=CTGLF.OB&annual


                                                                   B. Hathaway