CBYI / Cambertire is heavily shorted stock. We are talking about 100's of millions of shares. If the price does not go down or if a news hits the market, all these shorts have to cover and drive the price to new highs. So, for now shorts are scrambling to push the price down, so they can cover before a news hits the market. At this moment they are stuck in the corner and they are working hard to push the price lower, but are they going to succeed. It does not look like it. Share holders believe they have a good stock and most are not giving their up their shares. I expect the price move up with big volume and when it goes down is low volume and is not a sell-off but it's fabricated to scare some novice investors. If you monitor the shares sold in each transaction, you will see 5k or 10k share sold which is between 5 to 10 dollars. I recommend to have a long position in this stock and wait for the merger news which is due any day. Do your own DD and do not listen to anyone else. Go CBYI / Cambertire
http://markets.financialcontent.com/maximgrp/...ing_report