Counsel Corporation CXSNF

$1.60

[stocks2sell]

Do I hear $1.60 going once going twice.....lol

[gibbonsj]

I would like to see 1.60 and lower. Got my average down to 1.715 and will keep whittling it down until we bottom.  The company's growing, turning a profit and gaining market share.  2Q is said to be off to a very strong start and the bank application is expected this year which will improve margin.  Metrics look very strong. Short of a total real estate sector meltdown sp will

[retiredcf]

I think we're all in agreement that the current SP is pretty ridiculous, however, I have always found it more profitable to average up rather than average down. WIth that in mind, I would like it to get back to $1.80 (and hold) before I would be adding to my holdings. GLTA 

[gibbonsj]

yes averaging down has to be the exception but in this case I think its the thing to. All depends on how long you're prepared to hold.