RE:If Q4 financials disappoint...newdaydawning wrote: ...CZO could plumb a new low, presenting a terrific opportunity to add, average down, and hold for at least 2 years. The reward is a minimum double, and more likely a triple or even a four-bagger!
My investment strategy is, in part, governed by the time-honoured adage:
Buy on bad news, sell on good news!
It's already down 80% over the past couple years, not sure if it can get much lower but then again this is the one area in which CZO doesn't disappoint! We're told there will be an "interesting Q4" whatever that means. Maybe Gilles' compensation double yet again while sales continue to plummet? Maybe there was a flood in the new plant and it will take another extra 2 years before it's ready? Maybe plane crashed into the head office?