Have you ever heard the saying that a blind squirrel finds an acorn every now and then?
That is what appears to have happen to me here. I saw this moving and throwed 150.00 in @ 003. It has now taken off like wild fire and is trading between 01 and 015....... It was up over 1100% at one point. I didn't buy enough to make any serious money but it does have my attention and I will look to pick up some after it falls back.



I have looked more into this and here is the wow factor. According to bloomberg.com this is the share structure

O/S = 23.732 Million

Float = 7.667 Million

EDIT: Here is a little more info

Cross Atlantic Commodities Inc

Cross Atlantic Commodities Inc. (CXAC.OB) is a premier marketer of quality food products in North America. We have more than 45 years of combined experience in introducing and placing quality products with major retailers throughout the United States and Canada. We have established a tremendous network in the food and ice cream retail community giving us the ability to present products direct to buyers.

We have offices in Miami , Copenhagen and Kampala giving us a global reach and focus.

On behalf of the entire Cross Atlantic Commodities Inc. family we would like to welcome you to our website and invite you to join our world of opportunity.

Company Website: http://www.crossac.com

I will post more info as I gather it

I have to ask, and I am not even sure if this is the appropriate thread for this, but.....

How the @#(! do you come across these stocks that jump up a minimum of seriously 50%. Props to you AUFAN. This is a real question, what do you use to search for these stocks that bottom out? How do you find them, what is your secret!?

Blind squirrel my @$$

I promise you this one was pure luck and nothing else. When I got in it was already up over 100%.....lol

I keep a close watch on smallcapcenter's winners and losers. If anything gets my attention I will check it out a little more but this one I happen to have a little cash sitting and just throwed it in and wished it well. I was already in when I looked at the share structure.

I never expected anything like this. I thought if it got to 006 it would be great.

i think you secretly have a way to see into the future.

+2,358.33% - That is just mind blowing. Your 150 is doing you good!

That 150.00 is now 1500.00.....

Just wish it was 1500 I got in with.........

If you got in with 1500 it would be roughly 17,500 haha. I have never seen a stock go that high in one day. Do you know the reason for this? The volume is considerably low especially considering this HUGE jump. I didnt see any news either.

It has had an average volume of only about 20,000 and today it picked up some volume and once it started moving it got people attention by showing up on scans and at smallcapcenter.

It will have to pullback and probably hard but it should draw alot of attention tonight and once people see the float of 7 million it might have round #2

Oh ok so relatively the volume is pretty high at 1.5 million. When I first saw the numbers I was a little thrown off. I can imagine the pullback should be pretty hard, being up 2800% that is almost automatic. Round 2 would be delicious!

I think it could pullback to 01 or lower but who knows. CIGI had a float of about 17 million and ran from around 0015 to .15...lol

The same goes in reverse for low floaters they can fall equally as fast.