WAS IT PREDICTABLE?
I don't want to twist the knife in the wound, but here are two posts I made here on this board around mid-January, when the stock price had gone up to $0.46 and the majority of you were excited on wind rather than facts...
Jan. 15-2022, CMC $0.36 high
tony08 quote:
RE:RE:Facts on Differentfleas Poster
Mr. Lebel, nice to read respectfull post here eventhough i disagree with you.
Reading your last posts i know you've been lucky with CMC stock, buying and selling at the right time.....Good for you, but the discussion here is about facts.....Yes CMC share has gone up the last days but on what news or fact????
It's only speculation, because the last news from Cielo is that engineers are working on multiple problem and that during this time they dilute the share value because they badly need money to continue.....I don't see how that can justify all the excitement on the 14 cents recovery of that title.
Until Cielo confirm that they have settle their production problems and that they can report enought benefit after all the share dilution, i would'nt put to much money on that stock.
Jan. 18-2022, CMC $0.46 high
tony08 quote:
RE:Charts and volume tell the tale !
You guys realise that all your analyse is base only on volume and technical data on a chart....
For now the market give you reason and those who bought at $0.20 few days ago can celebrate.
As for me, i'm still waiting for a fact or a news that can justify all that....
P.S....I wont wish you guys good luck, you've got plenty already :)
I'm not writing this post to brag, (I'm very often wrong....lol), but because it's important to mention what's going on right now.
The market finaly realizes that Cielo is very overvalued, very indebted, has production problems and still has no revenues to date...
It's important to mention it in order to learn and not to repeat the same mistakes...