People trading on daily news are just that.....traders. People investing based on fundamentals and long term return don't worry about daily announcements unless it changes the fundamentals of the busines and could impact the long term profits.
I have been investing in CXO since 2017 and my prediction for this year was to hopefully hit $1 when the plant is ready for production. In the last 3 weeks we have almost hit that goal and unless you just bought at 90c, you should be happy with the performance and expect that the stock will take time to consolidate and adjust to the new levels. I think 80c is the new 60c for CXO and I look forward to the $1 party in Mandurah, WA.
Good luck to all holders!
People trading on daily news are just that.....traders. People...
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