GREY:CATXF - Post by User
Post by
fortun8on Dec 09, 2012 12:34am
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Post# 21368955
the positives out weigh the negatives and i
the positives out weigh the negatives and i do have my reservations (burn rate, capital requirement, very little promo) but nothing out of ordinary....historically december is a time to bottom fish and only people who sell are margin calls,tax sell off (however the size of the selling order is a bit too big to be a retail investor)....the only thing i would have like to see is for the buy side to be as aggressive as the sell side (since we like to believe its a bargain) but that did not happen...i do see a upside in chart and based on my calculation this should be starting the climb up and thus i believe i will be making my entrance and go long (not as big a position as Accountant007)...positives far out weight the 1 to 3 negatives.....this is all my own opinion and i urge you all to do your own due diligence as i have been wrong on many occasions and i could very well be wrong this time as well