I am still holding as I still beilieve the technology holds some promise. I would have to believe that all of the volume the last few days is due to people losing faith (understandably) and selling for tax purposes. The company hasn't released any info of substance for a long time, and hopefully they will see fit to do so in the new year. They sold a private placement of 7 million restricted shares last month at $.16/share, so those people are already in the hole and can't do anything with those shares for 2 years, I think. I would like to think they knew what they were doing before investing in this company. It seems that most of the big sharelholders (purely speculation) are holding on to their shares, cause if any of them unloaded, they would crash the PPS and not get much out them, not that there is much value right now anyway. I have tried to keep up on this stock and try and read between the lines since I first bought shares, and I guess that is why I am still holding on. I know this is poor investing advice, but a phrase that Box and One quoted in one of his Guardian Angel posts a couple years back that stated "faith is believing when common sense tells you not to" still sticks in the back of my mind with CYGX. I have no plans to sell right now and am hopeful that the new year will bring us greater rewards with this stock. I am just as frustrated as you.
Good Luck
