GREY:CMHXF - Post by User
Comment by
WestCoastLeftyon Jul 07, 2009 1:20pm
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Post# 16121761
RE: bargain prices
RE: bargain pricesnDiamond,
You gotta tell me where the upside of this stock is?
I'm all for the Warren Buffet statement, but this stock is on average (and maybe a little low) over the last two years.
And the sales NR's haven't changed anything - nor effected the stock price.
Art pumped this stock to $4.
Bad management brought it down - to a properly valued level.
Investors got burned and left. At best, the big boys are sitting on the sidelines.
New management have stabilized the company.
Canacord has done a disservice to this stock over the years by unload huge blocks. So I wouldn't believe/trust anything out of that camp! (IMHO)
And the one thing everyone is waiting for, is a major changes in "Profits". Granted they are in a postive direction, but not significant. And in my option, they aren't going to be in the next 12-18 months, weather it profits or revenues.
So my question is, what changes are in play that is going to give this stock a "break-out" of it norm?
Regards,
WCL