Re: Where is Everybody?
in response to
by
posted on
Jun 13, 2010 05:43PM
People don't seem to post here on the weekends. Plus Glorieux is now all about GNH.
I dumped everything at .56 because there was no support. Took my profits and stayed in cash.
Since then I've got a small postion in CMM, building back up. I think we might hit .49 in the next bit, judging by the last L2 I looked at, which would be a good price to buy back in at.
I'm putting most of my money in SVL. Their management aren't lepers, and the opportunity cost short-term is a lot better than CMM.
Also wasting some time day-trading RIO, DMM, BTO, and maybe in the near future PEZ and FRG. I prefer swing-trading to buy & hold.
CMM's big prob is the CTO and production delays made all the anti-Peggy crowd go "I told you so". So institutional support will be hard to come by. If they can meet their targets they can go up; I'll give them benefit of the doubt for now and assume they can meet targets with the help of all the low-profile equipment that's supposedly showing up on site now.