Nice balanced post Reggie. I guess given the turmoil in recent months and the losses accrued by both traders and investors, the learned behaviour has been one of 'take what you can get now before somone else does'. It's a mentality based on quick returns/greed/desperation to profit or recover losses.
We saw this today in CER and CNP and in the remarks of those that sold today. Can't blame them, but everyone has a different perspective. Right now a 100% rise is a pernominal return. A year ago when the likes of CDU, AGO, MIS and PDN etc... were jumping by dollars, no cent, the investor behaviour was very much different.
I didn't sell today. This in itself was amazing! I would normally wrap the profit and walk away. I wasn't impressed with a high of only 13 cents and I feel we will see better value in the months ahead. I do share your belief that in the next bull run, CER will be at the forefront.
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Nice balanced post Reggie. I guess given the turmoil in recent...
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