karlene,
My investment in CuDeco is for the long term. I am not a trader When I am on a good thing ,I adopt the same practice as the world's most successful investor Warren Buffett who learnt early on that he made more money by holding on to his investments than to take what looked like a quick profit. I could have done that a number of times had I wanted to.
In a previous post, I said I divested my port folio of all my other mining investments two years ago . I saw the writing then was clearly on the wall for the mining sector; finance being the key factor . It has got progressively worse and ,in my opinion, 2015 will be a shocker for the mining sector. It was the best move I have made not to be left with stocks that would have done my financial position damage .
Have a thought for the poor devil who shorted CuDeco and had to redeem those shorts by paying up to ten dollars a share. Now that would make one cry wouldn't?
CDU Price at posting:
$1.59 Sentiment: Buy Disclosure: Held
