CUA, Cuoro

cua oct 2012

Cuoro has been the basket case we expected it to be. Then at about 60 cents the possibility presented it self that a large A-B-C from $2.60 to $0.60 ( nice Fibo ratios!)completed itself. Not much has happened to either support or reject that view. If correct, that is if the A-B-C is complete , this stock will easily double regardless of where it might ultimately end. This might be a buy at 0.53 or lower with a stop at around 0.45  When putting in the stop make the range very tight as otherwise you could get molested along the way.