Not holding any stock and having a sell sentiment says it all..
Regarding the comment about instinct, if you've been in the market for a while you'll know what i'm talking about. I have researched CPH and i'm happy with what i see, especially at these levels. Then you add market movements and then specific industry movements and it gives you a picture about where you want to put your money.
In case you're wondering, CPH isn't the last stock in the industry to not have moved, there are others.. CAN & AC8 are the only ones that have moved so far, it's only a matter of time.
US / Canada are starting to make a run as well, i don't see the odds of CPH falling further.
If you look at price action, there isn't actual selling going on, there's an exchange of shares but no pressure on the SP.
Let's wait and see, but i see positive things happening in this space soon.
CPH Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held