CLB 0.00% 4.6¢ candy club holdings limited

Candy Club ($1+ price target): Becoming the largest speciality market confectionary brand in the US, page-123

  1. 3,387 Posts.
    lightbulb Created with Sketch. 4561
    Dear all,

    Given that I started this thread, I feel it is only fair that I let posters here know that I have now exited Candy Club at 20 cents. I had a 13 cents average entry price and thus it is prudent to take profits here at this level.

    I still remain bullish on the CLB trajectory, however, cashing out here is a concerted effort to increase my percentage cash holding and move into some other undervalued plays, as I feel the markets are in inflated territory overall (particularly the NASDAQ).

    I will continue to watch the Candy Club story evolve and wish holders here the best. I still retain a CLB holding for my *** portfolio as I believe the share price will continue to do well. Our chairman evidently agrees - judging by his recent on-market purchases.

    Congratulations to all holders here, particularly those who entered around 13c like I and those that got in even earlier sub 10c. Impressive work. There will always be doubters on every stock thesis (that's normal and understandable), but it reminds me of the following quote: "You can borrow someone else's stock ideas but you can't borrow their conviction."

    Do the work. Trust the work. Reap the rewards.

    Cheers,
 
watchlist Created with Sketch. Add CLB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.