Hamsie, I also think the company has some good assets and is probably a good long term buy if you can wait a few more years. However, currently CSG is not the place to be and the CBA holding from the Opes days still concerns me. Add to that the nasty downtrend and I think I'll sit on the sidelines for the time being. My downramping will have absolutely minimal, if any, effect on the share price.
Hendrous, I was pretty clear in my previous post. I think short term up over 10c before resuming down to under 6c. I never said or. Don't start changing what I say. It just reduces your credibility. I find ta on small cap stocks pretty much just as accurate as on bluechips and BUL has enough liquidity. And it's funny how some previously unknown event occurs and helps to make right the TA prediction (in this case an earthquake to send the price under 2008 lows). So, of course, I didn't know the earthquake would happen but I expected there would be some event, whether macro or micro, to send the price to new lows. Ask any knowledgeable technical analyst and they will tell you the same. So just continue right along living in your little fantasy land. In the meantime, I expect the 2005 low of 5c to act like a magnetic force slowly pulling at the sp.
As for looking for a low, I'd be looking for a significant increase in daily volume coupled with some bullish divergences.
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