It is better some way to sp go down and we keep holding till 45 days , if we are in money , would sell.
Cfe has strong Fundamental, cash backing and good projects. I never mind to hold for 6 months. If we can take risk on speci stocks , why not with cfe.
With cfe in ST , you would not loose money. Cash is king and many stocks are here which have lot of risk e.g gns , eld today, Sp is too high for them and they are at risk of default. Another example cap . hard to understand but it is truth, investors like me , cannot do anything with market moves.
Cfe should be around 80 to 90 c . but market always does strange moves.
I bought it at 44c. could be wrong but I am hoping that would not loose money with cfe
Lets us hope, market treat cfe gently because of its cash backing and very good projects lol. i would try to wait till aug to sell.
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