The market is experiencing its predicted pull back with the DOW down 180+ points. Cougar, after trying to form a base above 11 cents has once again dropped back.
Fundamentals look great but this stock for the short term is all about momentum, and I was very much hoping the announcement would come when it was on the up around .11 rather than now.
I'll go out on a limb and predict a high of .11 today, with a close of .105. If the base had of been .11 with market momentum behind it, I think we would have seen a very different response.
Here's hoping I’m wrong and apologies for the rare negativity, 12+ years in PCE / CXY is beginning to test my patience!
I'll end on a good note, I personally think long term we are on a winner and I am hopeful my patience will be rewarded.
CXY Price at posting:
10.0¢ Sentiment: LT Buy Disclosure: Held