GREY:CNTTQ - Post by User
Post by
bloozguyon Jun 12, 2018 11:46am
130 Views
Post# 28159789
The time has come...
The time has come...
.....I expect the bleeding to continue at least until we get past the final readings of the bill. At that time the cumulative correction may be enough to convince the institutions that the valuations are at least reasonable, albeit on the pricey side. That along with good news such as the govt relaxing branding rules might be enough of a catalyst to get things going again. So over the next week or two, pick your long term winners and average down to what you're comfortable with. Then turn off your pc and stop watching the daily movements. I have shedded all my losers and have locked in my winners, TRST being one of them. Even if they dont get acquired, they are the best play out there that I can see as a stand alone success story. I also continue to hold SNN which is much more of a speculative play but tons of upside potential. Still on the lookout for bargains but I just don't see anything out there that really appeals to me at these prices....buy high, they announce a bought deal and presto - youre a bag holder once again. Been there done that way too often...be nice when we start to see the banks get onside.