CCM 7.25% 6.4¢ cadoux limited

umm...clearly not happy with the investment as it stands. I...

  1. 162 Posts.
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    umm...clearly not happy with the investment as it stands. I bought on the concept as I understood it and the prospect of a true binding partnership with Alcoa. This seems further away then I initially understood, I was given more confidence when Roly bought in at 53 cents, as I assumed he knows more than me.... I read somewhere on HC from a wise soul - the hardest part of picking stocks is knowing when to sell..... I failed to take some cream of the the top which would have insured me for the current situation. I believed the cheer squad on here.... I nearly bought some more in the high 60s when it dipped just before the delayed announcement, but wisely declined.

    anyway - thanks for the response and the others.... ill sleep on it... I still believe there is some value here eventually, but I cant see anything significantly good happening in the short term (despite some of the cheer squad suggesting there was a mountain of good announcements being held up by the JV negotiations, that havent surfaced) , and if we have any negative shocks in broader market I think given the lack of support atm, then FYI might tumble and maybe bring an opportunity to reinvest.
 
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