Sskim you may run out of patience or be a short term trader. I have concluded after 2 years of buying specs that there are 2 type of opportunities in spec stock. The first is to trade on speculation. So for a new discovery / idea/ technology that is popular traders can make money in the short term if they are in deed short term and take their profits and exit. The second is to invest on fundamentals that cause you to believe the company has a future. You will need some understanding of the industry and how these companies grow to decide how long is reasonable for this company to achieve growth. I dont see the market significantly rewarding these longer term investments until the company has made the actual sales eventhough there will be positive updates along the way. Therefore with CFU which certainly rewarded the original spec traders, the waiting time must be sufficient for this company to achieve it's sales. So far CFU has progressively put all the pieces inot place to do just this. The most recent appointment is a significant piece.
CFU Price at posting:
11.3¢ Sentiment: Hold Disclosure: Held
