NYSEAM:CVM - Post by User
Post by
GEE3708on Oct 29, 2009 2:17pm
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Post# 16435948
0.32?
0.32?Why do they refer to a 32cent SP? Anyone?
https://www.stockhouse.com/Columnists/2008/October/28/Dividend-and-speculative-stock-
We think the following stocks are bargains, but if we get a real panic sell-off they can get even cheaper, so we would buy half of our allocation here and put in good-till-cancelled orders at prices 50% lower and just wait (prices are as of Friday ): Cincinnati Financial (CINF) 22.23; Dow Chemical (DOW) 23.86; Steel Dynamics (STLD) 9.59; Continental Resources (CLR) 22.49; Peabody Coal (BTU) 29.68; Developers Diversified (DDR) 8.08; Celldex (CLDX) 6.23; and China Direct (CDS) 2.50. But our normal buying strategy is: Buy 40% NOW and 30% more on each 20% decline from the original buy price. We think our penny (which we own) CVM at 32 cents and MDIN at .0002 cents are fantastic gambles at these prices.
10/28/2008 11:10:40 AM | J.W. Cotton
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