GREY:CLGRF - Post by User
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December3on Feb 22, 2013 3:04pm
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Post# 21030318
RE: RE: POG up $12 - Nearly 2M shares traded
RE: RE: POG up $12 - Nearly 2M shares traded >>>>Certainly the large volume means another institution has thrown in the towel. Do they know something we do not?<<<<
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I think you answered the question with your comments by management and generating cash flow.
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The issue here is how one looks at value. Institutional investors are going to look a cash flows on a discounted basis. Reatil investors look at the high share price (around $2.50) and see the current share price at 42-cents and thing it is "cheap." Oh, look a sale! 83% off sale!.
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imho, just because something appears 'cheap" doesn't mean it has value or is worth owning.
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What the institiutions see with CRJ is out there for all to see. It all depends how you are looking at CRJ? Are you looking for an 83% off sale? Or are you looking at a cash flow for the company and management progress/prowess?