CNB 0.88% 56.5¢ carnaby resources limited

CNB Summary and Why Its So Undervalued, page-3009

  1. 661 Posts.
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    200k shares dumped on market and you are wondering why the SP has reacted this way? If there were only a few more like you that did the same that would cause a dump like this to occur considering how illiquid this stock generally is. It would trigger stops and resulting panic selling from those who are following trends.
    I can't tell you what to do but you are obviously down a bit in this stock. I feel you will be rewarded if you re enter and have a 12 month time frame on it. For me 30c is a floor but if subsequent drilling results are poor it may be driven back down to 20c. But taking a loss that big is never easy. I hope things turn around for you. Best of luck out there
 
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