There's no explanation to the $2.75 we hit earlier this year aside from that buyers were willing to buy up to that price. Whether it's Stifel paying so much or the average retail investors listened to "pumpers" paying so much. It doesn't matter right now.

The explanation was Stifel.....Go on my other post and look at the volume...

Just in 1 day Stifel bought 1,759,495 shares at $2.703......and 547,262 the next day at $2.67...just 3 days before they had bought 1.2 million shares at 2$....

It kept going...and yes they are still buying each day...

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30393274&l=0&r=0&s=CUU&t=LIST

But hey...what does Stifel know lol...

http://www2.stifel.com/docs/pdf/PressReleases/2011/StarMineAnalystAwards2011.pdf

Stifel, Nicolaus & Company, Incorporated is pleased to announce that it received a #2 ranking out of 193 qualifiying firms

Stifel Nicolaus was also cited by the Financial Times as the best house for stock picking. Stifel led all firms with nine Stock-Picking awards, with five analysts ranked #1.

Stifel analysts won a total of 15 individual awards in 11 industries, including nine #1 rankings – more than any other firm. Stifel has now finished in the top ten for five consecutive years and is the only firm to have finished in the top 12 every year since 2004