I've learnt from experience not to trust Calzada share price surges, so I sold out at 7.4c, only to watch in horror as it surged much higher over the next two days.
Then, as usual, the price corrected precipitously.
It's very annoying when a stock always fails to consolidate share price gains and gradually gives them all back. I hold another stock that trades the same way, Viralytics.
Whilst I am now tempted to get back in, I know that there is a good chance Calzada will be back at 4 or 5 cents in a few weeks time, so I'm going to sit on my hands and not buy back in prematurely this time. Last time it surged up to 10c I bought back in at 6.3c and eventually saw it back at 4c.
What I will say for Calzada is that it is a great trading stock. Bad stock to be married to, though.
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