Compliance Energy Corp CPYCF

tick, tick, tick

[bocaman]

La deluge!

45,000 shares came off and the bid is now at nine cents - for the grand total of 1000 shares. With 815,000 shares sitting poised to come down! Head for high ground!

Or, in the sharks metaphor ... darn, how do you type that theme from Jaws?

[2guys]

The trick bocaman, and I believe you know it well, is to buy low and sell high.   If you wait, you may be rewarded.  If you wait too long, you may have to look elsewhere.   I don't want to put money back into the market, otherwise, I would put a bid in to relieve the seller, but you have to be deciplined, and you can't be too greedy.  If things work out, which I believe

[QueenofCoal]

CEC has been a terrible stock to be “long”. The 6 year return figure from July 14, 2006 – July 17 2012 is (-83.64%).

[2guys]

So true QueenofCoal, so true, but who ever said CEC was a short term play?   Even Danny Deadlock said he was holding for the remainder of 2012 when he thought the Raven story would begin unfolding.   Some delays along the way, but even Deadlock knew of this and stated this is not for the short term players and that nothing would happen until sometime this year.  atb

[QueenofCoal]

I said it was a terrible stock to be "long".  Long or short, both apply, my asset management company invested in CEC through the Canadian Equity Fund approximately 6 years ago (2005-2006); this was obviously a terrible trade and it no longer has an investment in CEC.

[2guys]

Don't know who your asset management company is Queen, but this is probably the most opportune time to get into a stock like CEC.    No one, including Funds are the greatest when it comes to timing, but if they're any good, and are long term holders, now that CEC is approx. less than 12 months away from a permit decision, IMO would be the best time with regards to risk