GREY:CSOSF - Post by User
Post by
DTM5on Nov 02, 2011 1:17pm
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Post# 19202464
Good support
Good supportLooks like the insider buying - and maybe some potential research coverage from Eresearch has stirred the pot. CSA's competitors (Wajax et al) are posting very solid quarterly numbers with ongoing growth and about a net 7% profit margin.
I've liquidated my position over the past couple months. Made a tidy 200+%.
Will watch and see what transpires; Still like the stock and think it is mildly undervalued, however the overhanging economic risk factors are having me deploying capital in those areas that are getting hammered because of the European crisis. Buying low, selling high.
Good luck to all longs!