After holding for many years I actually sold almost all of my holdings in the most recent run to mid 50's and GLAD I did thankyou.
Based on past 10 years charts, IMO the best strategy for trading this company is to buy on the lows (currently 30's) and sell out on the spikes (currently 50's) before it revisits the lows once more. Otherwise its a very frustrating stock to hold, although there's probably a lot better trading opportunities out there than CDY.
I also think that with such a large dilutionary recent placement, the highs in the 50's may be harder to achieve going forward. But, like lotto, one can always hold out in hope for the big one in the future!
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