bad open, page-4

CXY has been a weakly performing stock of late, lagging behind the indices on good days and dropping further than the indices on bad days.

I suspect this is nothing more than another example of that due to the aforementioned Dubai-related malaise in European markets overnight.

There has been a lot of debate here about the reasons for CXY's underperformance, as there seems no reason based in fundamentals. Accusations are often leveled that the price is being kept artificially low by institutional buyers looking to cash in big time when the pilot burn is completed.

I'm not sure if there's any truth to it, but if you were to choose a UCG stock to do this to, it would be CXY, being the only one of the original first-wave UCG stocks not to have already 'bolted.'

All I can say for sure is, CXY below 10c is an absolute buy IMHO.