Well someone is holding up the price cause the support waded on in at 3cents and under when the price dropped today.
It was a scary moment and to be quite honest I am getting sick of seeing the price continually slide especially after yesterdays dramatic rise which filled me with some hope.
I thought we had seen the end of Febuary but its still lingering in the stockmarket. The gains are quickly erased by a sellers cluttering up the boards.
It shows a real no confidence, about the only positive thing I can say and that is the US has now been hunkered down in recession for over a year compared to everyone else so its likely to rise out of recession first and also CER's exposure to a late declining Australian market is low with only 40centres.
CER Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held