GREY:CUDBF - Post by User
Post by
longshortmanon Aug 20, 2014 12:36pm
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Post# 22860627
Next stop, somewhere in the $.60s
Next stop, somewhere in the $.60s$.53 as of last trade. Only halfway to intrinsic value. If there was any transacting to get into the PP that's done. Sellers of size gone. On pace for 1.5 to 2M shares trading today. Stock trends and technicals all bullish. Fundamentals all bullish. TSX-V bullish for over a year. All attempts to short or bash the stock have failed. Like it or not people, this is just a pure long-only play right now, for the forseeable future. Watching the trading: People are getting cute hoping for a pullback and it hasn't come (and isn't coming anytime soon) so they're missing low prices and chasing the stock. Sorry folks it is just a market buy now, still a bargain, got another .50 cents to go before it reaches bare-bones value. I love summer markets, always buying when no one's around! LSM