Ceapro Inc V.CZO

sell on news

[Ciao]

The Q3 report gives an opportunity for weaker hands to sell part or all of their position. This is healthy.

I'm holding tight, I don't sell on good news if I expect more good news and I'll let my winners run, (in addition the share price already has had a major pullback).

The company is executing as they said they would, only caveat is how COVID will delay timelines.

[jrsloan60]

yes I heard that a fund manager of the Royal Bank small Cap Fund mention once. That when you buy small cap companies you have to let your winners run. That's the only way you can make money on small caps because so many of them fail. Cpro does not appear to be failing a may take too much time to get their word out I'm not sure about that, .because when they promoted their new plant the

[Ciao]

Didn't realize you've been in the name for so long.  I thought you got in around 2014/15. I can never understand why some sellers have left their buy orders in for so long, even til earnings release.  Additionally, what if an event occurred and their offer gets taken up?

[jrsloan60]

I started buying more shares when building the PGX plant pharmaceutical grade

[jrsloan60]

they knew about the PGX process for quite a while before they decided to do it probably because they didn't have the cash to do it. They dropped to $0.20 or lower after the announcement and they had been at 70 anyway they've been fairly volatile since they worked on this plant I bought my shares too early to some of the later ones