GREY:CXEYF - Post by User
Comment by
mind_businesson Apr 19, 2013 9:13pm
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Post# 21279875
RE: RE: thanks for posting; EOM
RE: RE: thanks for posting; EOM "Any thoughts on the light i shared with you guys?? what are your thoughts and positions?? I think we could see 5 cents easily..."
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My thoughts? ... I completely lack faith in Candax's assets ... mostly in the legacy mechanical equipment left operating the assets, and Management's ability to execute their work-over projects successfully. Personally I wouldn't put any new money into this company. Its the perverbial 'catch a falling knife' type stock up till now.
If you are new to this stock, put my comments in perspective. I'm a long-time holder of CAX who has completely given up on this stock ... just biding my time for a decent exit point. In reality, as long as you don't expect 10x returns, you'll probably make 'some' short-term profits.
Wish you the best of luck :)