CNB Summary and Why Its So Undervalued, page-2230

First time poster on CNB and hopefully I can give my "new trader" take on this. I have had CNB on my watchlist for a few months and finally pulled the trigger 3 weeks ago. Enjoyed seeing green day after green day but deep down was always expecting a pull back as CR shares are sold and guys who purchased at the start of the year take money off the table.

Plan is a medium - long term hold as we explore great land, with proven management with a tiny market cap in a hot sector so this pull back does not bother me when I think long term.

Monitoring this thread it appears we have some new traders enter this stock (I consider myself a newbie to stocks.... sub 2 years) and they have been lucky enough to ride a stock which has exploded in a relative short time frame. Now there are a few red days they are getting nervous as they monitor every price movement. Some of the biggest cheerleaders folded pretty quickly at the sign of trouble (and I 100% understand that... great to lower your average and everyone has different risk levels and prefer to protect their capital, especially in such uncertain times) however I know from experience the constant monitoring a SP is not healthy.

My suggestion to anyone is... come to an agreeance with yourself on what you want to make/willing to risk and set a stop loss. Unplug the computer and come back in a week, if you are still in the game review the situation, trust me you will feel so much better!