GREY:COSLF - Post by User
Comment by
Co2Harveston Jun 27, 2019 8:11pm
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Post# 29872086
RE:RE:RE:2.5 cents
RE:RE:RE:2.5 centsLol, well said, and I did end up buying a bit to average down but I plan to hold. I'll risk losing it all to hold on until we hear from the special committee. And if the news is good then I'm holding for years to come. If it's bad, well, I'll have to live with that.
HyperCube wrote: Of course hindsight is always good, but the reckless fool in you would've made a nice profit here.
From
April 22, 2019 07:36, Co2Harvest wrote: The reckless fool in me is tempted to keep buying when the price is this low. Trouble is, I'll chase it to zero if I'm not careful so I'm just going to hold what I have for now and hope for a turnaround.
HyperCube wrote:
My guess is that this is as low as it gets. Someone could buy all the stock at this price, and make a profit solely with the 700k$ a year they are going to get from Serres Toundra. That's even taking into account the debt that CST has. Of course, something could go wrong with the capture unit at St-Felicien. Then again, some other greenhouse operator (a pot grower for instance) could want to have CO2 the way Serres Toundra is getting it and in a short time it could be 1.4M$ per year that would be coming in.