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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

Chemicals Specialty Chemicals


TSX:CUS.DB.D - Post by User

CANEXUS CORP 6.5 PCT DEBS > Catching a falling knife is dangerous business
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Comment by Sukhi19on Mar 13, 2014 12:14pm
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Post# 22318283

RE:RE:RE:Catching a falling knife is dangerous business

RE:RE:RE:Catching a falling knife is dangerous businessNawar,

I had a postion in CUS and took profitsat $7 plus.
I am now only looking for an opportunity to re-enter.
But I feel time is not right;and, as there is lot of confusion after the CEO's exit.
Kherson is a great contributor on SH board and I have liked his views on other stocks too.
We can not deny the fact that at this stage elimination of dividend is also an option and should be considered in any pragmatic analysis. Market is sensinga Dividend cut though it may not happen as cash availalbility is there.

It may be a good idea to wait for the bottom point (which is very hard to figure out).

I would wait for the financials. Better to be safe than sorry.



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