GREY:CLLZF - Post by User
Post by
bnwon Jul 24, 2013 7:45pm
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Post# 21628640
Pinch Me!
Pinch Me!26 months after my initial purchase followed by 5 additional purchases to dollar cost average, I am finally showing a profit on this stock. All this buying resulted in my owning 128,000 shares at a 21 cent average. Much suffering. Hopefully behind me. I have read Oldswan's post that 39 cents is a reasonable target. I'd take it. I realize I play a dangerous game dollar cost averaging and many, better than I, investors frown on the practice but I have recovered significant losses on CLL as well as Le Chateau and Air Canada and am now to the good by a sizeable amount on these 3. I am particularly pleased that CLL went up today (21%) on sizeable volumes when the market as a whole tanked and oil was down as well. The charts tell me that CLL still has lots of legs. I'm hoping tomorrow we'll see it hold this level or better. Best of luck to all longs.