CAG is still not going anywhere despite all the ducks lining up.
Why do I keep going into the red with these stocks.
We can't hold too many losers - does anyone really see this heading up soon?
YT, do you hold a large parcel or are you selling down?
Well, I've been averaging down like a madman over the last couple of days with CAG.
This thing seems to have support around the 2 cent level and is overdue on a couple of announcements that could see interest return in a big way.
Good buying at these levels IMO (if you like a punt)
Specs are SPECS. they need news to have an effect on the SP. No news from the company usually means no interest in the stock. You have to wait for news,anticipate when more news is due and trade or hold accordingly. A miracle just wont happen. Some progress may.All I can say is things are grim.
I reckon i am down 50% on
CAG, AOM, NSL, LOD etc that have been on thr hot lists in the forum discussion topics.
It is funny when the prices head south there are no/little discussions about them.
Every one is in denial!!!
Lets all hope for a miracle in the coming weeks
Hmmm..
Watching watching watching.. but probably not with the same expectations as the majority of those here..
As a (previous) holder of this stock for some seven years, you'd expect that I'd have a reasonable understanding of how this mob operates..
Buster
Cheers gentlemen, and ladies. I've closed out my order for a total accumulation of 1.5 million units between 0.031 - 0.033
Best of luck to holders!
-Cali
As stated before, this is a rebirthed company. Different directors, different business, different financials.
[Stuff Deleted..]
Therefore it is reasonable to expect that we will soon get an announcement that sales have started to give the company some income and that income will continually increase. If this eventuates, even if a little late then CAG is on the way to giving us some value for our patience and our investment.
The old company was Telecommunications and IT. Cut-throat industry and very hard to survive. Now in the mining business I can't see any big losses on the horizon. They have the potential to make a decent profit on what they have in Indonesia (pending due diligence of course). They also have their eye on adjacent land for further exploration. Sitting on a 40% loss but still like what they have and willing to hold.
G'Day Arkady,
Happy to be wrong though..
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