CXL 10.6% $1.15 calix limited

holding because I rebalance at eofy. I view this as a hype...

  1. 191 Posts.
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    holding because I rebalance at eofy. I view this as a hype stock. I'm hoping sentiment changes and it gets hype momentum. OR it announces a meaningful contract. If nothing happens by eofy I'll likely sell to reduce other capital gains. I didn't do enough research prior. I know know hype stocks stuck. I'm more interested in making small reliable gains then potentially big gains at huge risk. I've learnt that companies with good profit margins, low debt and consistent growth and return on equity are much more reliable investments than these small hype companies where they might make x profit if y approves this and then z builds this and they land x contract and country d makes this policy. If this all happens and calix demonstrates an ability to make a profit i would be more positive on it. Right now, i wouldn't recommend them to anyone i know. If a family member said they were thinking of investing their hard earned into it I would urge them not to
 
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