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Canasia Industries Corporation V.CAJ



TSXV:CAJ - Post by User

Comment by cartach13on Jun 16, 2008 9:42am
394 Views
Post# 15188304

H#NRRE: CAJ is o.k.

H#NRRE: CAJ is o.k.  "The reality is some tiny tots have performed better than many major companies" is a true statement. However the odds are not tthat good for CAJ. It will probably make a lot of money for shareholders of which I am one, but anyone getting into it who is a newby should realize it is very high risk. It's part of a bubble made up of a large number of psuedo exploration/development companies jumping on the bandwagon because of high potash and coal prices. Anyone who thinks that the high SP CAJ will undoubtedly reach will be sustained,would have to be very gullible to say the least. CAJ managers do a good job of running a boiler room operation and if one does their DD they will be convinced of this based on the company's past performance. Any investment in CAJ should be based on going along for the ride and being prepared to get out in time. It is certainly not an investment whereby you can put your shares away and forget about them,just the opposite. I hope it performs like GXS which was flatlined at  about  .15 - .20 for a long time and has just shot up to over $11 in a short period but I don't htink it's a keeper either by any means.  JMO
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