CDR is down every week in last three months regardless how the market performs. I was going to take a risk to catch the bottom, I must glad I didn't and I will not touch it anymore. Down again today, showing no confidence in the cash flow report. Recession is on the card in US, this will put a lot of pressure on SMB market. I see more possibilities of down trend in SMB, don’t you think? I also heard many government contracts are up for renewal.
Thanks for your tips about SRX. I won’t buy in at the moment because of the current environment, the market depth is not looking very encourage either. But I will have a bit study of the case and watch the up turn.
CDR Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
