Post by
Bobby24 on Jan 15, 2018 1:09pm
Selling pressure
I am waiting to see when the selling pressure will subside before I plunge in deeper. However I just can't understand the people who are willing to sell a this very low price. Unless they bought for only a couple of pennies I really do not see their point.
Comment by
M101 on Jan 16, 2018 1:50am
The selling is expected. Raising cash during tax loss selling season stunk, and coming right on the heels of a grant smelled of disappointment and desperation. The debenture is yielding 8% for 3 years then convertible at 12 cents, thus the offers at 9 cents.
Comment by
wdr522266 on Jan 16, 2018 10:41am
People in the markets re-ajust their porfolios from time to time and sell off their dead beat stocks.CST fits that bill to a tee. wdr2