1. let the trend be your friend.
2. cut your losers early and let your winners run
3. never try catch a falling knife
Well I just doubled down for 400,000 shares at 2.4. I can't help but feel it will be worth breaking my rules. The fact it was in Deloitte's fast 50 says a lot about the growth potential and quality of management. Then the fact a business was bought for 500,000 doing substantial revenue of course with inherent problems. But the fact this business was owned by current management and sold for a substantial sum and bought back for peanuts. Just seems like an Alan Bond moment, and I'm hoping buying CNW at these prices today will be mine
CNW Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held