Remember a couple of weeks ago when I wrote about a huge one-day increase in the value of Critical Path CPTH?  The bloom is off the vine.  It took just four weeks for the stock to return to its previous valuation.  No surprise to me -- the whole idea of a single business transaction driving up the stock by 150% was counter to all expected market behavior.  But it probably made some people rich, quick....
Aside: I got a chuckle out of seeing what the "sponsored matches" were on's lookup for CPTH.  Do they know something about the company's condition that the rest of us don't?
Image:A critical bubble burst

Post a Comment