CER centro retail group

all quiet, page-5

  1. 19,190 Posts.
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    Hope,
    There are a lot of reasons why people buy and sell. CER holders are no exception. I have been buying and selling CER for some time now, trading the swing. I have not traded for the past week. I did buy 30,000 at 5.6c, the only buy for the period. Some days in the past I have been able to buy 30,000 and sell 27,500 to recover the outlay several times a week.

    The swing is not there now nor the volumes traded daily to let this happen. To me this is a sign that the market has bottomed, for CER at least. I'm predicting a slow but steady recovery in CER from here on. I doubt that I will trade CER again and hold the 307,300 "free carried" shares that I was able to accumulate from the trading that I have done. They will be held long term. Slow and steady wins the race. I believe the fundamentals are sound. DYOR though I am often wrong and I hold a few dogs to prove it.
 
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