GREY:CRIUF - Post by User
Comment by
MrEvilxon Apr 25, 2018 5:43pm
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Post# 27940893
RE:My thoughts?
RE:My thoughts?thats very nicely put Rico.
Say you have all the research to best of your ability, you start your position, the SP drops, it drops , drops and drops.. you read negative articles/short report ...you might know that this is all fluff..you decide to stay in...others (90% of population) gets uneasy and contributes to the SP damage...
NCIB was a real hope for stopping the damage, but the management has better use of the Cash then buying back stocks. Again its a logical argument, one would buy it. So you end up with more damage and no near term hope..
At this point.. this question enters your mind..is my money better used somewhere else ? for someone who has a small % of portfolio for Crius, its not a big issue. You can ignore.
For someone who has highly concentrated porfolio. this is big concern.. you see other speculative plays winning big numbers, fancy or cult stocks soaring...then all the hard work, analysis, reading doesnt seem to be paying off..
I am talking from experience. This is me. Did I do wrong buying crius and keeping buying it time to time ?
It is that question, which would make people change the positions and lose faith.. I hope there are others who feel the same with Crius ?
GLTA