Yes, after a 60% gain over 3 weeks profit taking is normally a realistic expectation. Thus far this has not occured as volumes have really dropped off. What is even more amazing is that breaking through the 20-24 price range resistance area should have been a major struggle. The only explanation I have is that there must be several long-term holders such as myself who like the CXE story and view CXE as a potential long-term growth portfolio stock. What I have been doing is recycling my trading profit kitty into companies such as CXE as LT investments. While doing so I risk losing some of my hard-earned trading profits, but simultaneously my profits are generating long-term capital gain. Too many times my big, and getting bigger, profit kitty has had too much disappear. Sorry I forgot the name of the book I came upon this 'true wealth creation for retirement strategy'. A light globe has just been turned on... I should start another HC thread with that as the topic. Regards, Ramjet
CXE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held