My investment experience with CRE has turned BullishIt's been a long time since my last post on the BB and some will say thank god for that. Having been with CRE for many years during all its depressing down periods and also a major critic of managements failure to execute on its plan year after year. In was during the beginning of 2016, when the stock dropped again into the mid teen's that I called management several times as I was ready to jump ship for good to go with NMX when they were in 30's.
I was finally able to reach management one evening to my surprise and discussed why I should continue being invested when you continue to fail on the follow through. Having 400k shares with an average price .26 at the time, I was advised money for the BFS would be completed in the near future. My biggest beef was CRE was an unknown company and had no exposure in the market place. Management said that would also be addressed. Our conversation encouraged me to buy 200k more shares at .17. I bought another 50k at .32 and yesterday made several more purchases averaging up with 150k at .60. I also recommended a friend of mine to make a purchase for 25k shares at .60. So we were big buyers yesterday, keeping the bid filled at .60 during the day on June 13th.
CRE has been in the shadows for a long period, but no more. I will quote one of my favorite Scfi movies Dune 1984, "Father, The Sleeper Has Awakened". Looking forward to managements next NR and breaking $1 soon.
GL to old and new shareholders.
BTW I also purchase 100k shares of NMX at the same time in Jan at .38, so I am now a very happy individual.