fib retracement, page-34

Tonkin that is 1 of the best posts i have read on hotcopper. It is the truth. So many are here on hotcopper and it is their life their dreams and they rely more on it then their own fundamental judgements on why they are in a stock. If the herd is saying a stock is going to the moon they are buying and if the herd is screaming on hotcopper that a stock is a dog and will drop they panic and sell. I use hotcopper to post my feeling on a stock and i dont post often unless i believe in a stock and believe it is a chance to be rewarding usually picking a stock if it is at a bottom with potential to return to glory days. I also read what other posters have to say but i make my decisions on my thoughts and my decisions on why i invested in a stock or why i have decided to exit a stock not others. So many now rely on the herd mentality and are here to make a quick buck of the quick movements in stocks. All good if thats what you want to do but some then winge when they get done holding at a loss as the herd caught them out. I still invest in a company for their products and potential. Yes i sell on the rise to recoup my investment that i put in and then move some into another cellar dweller that may turn around.

Anyway i have just returned from Sth Korea and at a moment there stocks were not my main concern as the misses was in panic mode as she was being bombarded with emails to leave as Nth Korea was about to attack. Having our just under 2 year old with us she was ready to leave but I decided we stick it out and stayed there for 2 weeks and just returned. I must say Seoul is an amazing place and amazing people who are super friendly and helpful. Being back and yes looking at my portfolio CDY has given it a bit of a hit along with a number of stocks. Amazingly the Dow is at all time highs and our spec market is still finding it hard to gain traction. So many stocks i look at are heading lower and lower. Amazing.

Cdy though i believe is settling before its next move and i believe we will see Antons RM research report target achieved over the coming months of 7.2c. So many here have forgotten why they invested in CDY and the value drivers that we have in front of us. Evolis expansion especially into overseas markets is the key here as well as the therapeutics hitting the clinic. As Anton said to me as soon as the therapeutics hit the clinic CDY is a new beast with a possible 72 targets with multi billion $ potential markets. More diagnostic deals are also on the cards in the short term which will add more value. The company having cash available now to advance evolis advertising as well as into overseas markets as well as get the therapeutics into the clinic will see this company head to the 100 million market cap club. Again remember why you invested and if these reasons are still valid hold tight for the next wave.