RE:RE:RE:RE:Analyst Commentin the short term the stock market is a cheering machine. In the long term it’s a weighing machine. We sold at a loss because the fundamentals and technicals of Ceapro deteriorated past our accepted levels. I’m sure you’d like a racier explanation but if you’re right 55-65% of the time in this “game” you will be very successful. In the short term I was wrong about Ceapro... when the facts/data change I change my mind and act accordingly; pretty sure that’s well within my right and yours. The fact that some on this board choose to blame analysts and PMs for the plight of a stock is beyond me. Perhaps your frustration should be directed at the people who are really responsible for the direction of the company; namely management... or if in fact you are a long term holder and strongly believe in the plight of CZO then take this opportunity to add to your position.
Or... another novel idea: do your own research. And by research I mean screening companies that exhibit superior fundamentals and growth metrics... not listening to people like me on BNN... and certainly not reading opinion threads online! Lastly, know where you’re playing and adjust your positions accordingly. Nano-small caps are risky. If you can’t afford to lose 50% of the capital allocated to this portion of your portfolio, don’t buy. Cuz you’re gonna get burned. It comes with the territory of dabbling in small emerging companies.
good luck and happy thanksgiving