Post by
88guy88 on Jan 27, 2015 2:07pm
Fabrice Taylor on BNN tomorrow
will likely get a question on CBX....its interesting to note in his last commentary that he likes the stock but also says to only make it a small part of your portfolio and also to not chase the stock....buy it under 10 cents and wait for the price to come to you....buy some at 9 cents some at 8 cents and so on.....investors need to remember that they are heavily dependent on oil and gas industry buying software.....there is still talk of oil still going to 35 dollars and the oils and gas industry will still need to wash out and get rid of some of the weak players by acquisition or bankruptcy....I do not think that oil companies are looking to spend money on software right now when they are just bleeding cash....will be interesting to see what happens on the comments tomorrow....investors only think of the possible upside analysis but rarely think of the risk....just ask the investors that have been holding this stock for along time over the years and have nothing but management that underperform and a share price that tanked to 6 cents....its a tricky one