CWE carnegie wave energy limited

Buddy, I don't "claim to know" where any SP is heading. But how...

  1. 2,904 Posts.
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    Buddy, I don't "claim to know" where any SP is heading. But how do you expect the SP in any company to grow without profit growth? Doesn't happen.

    Sure, I got stopped at 5.7 but I still made a good profit in that. And the price is now nearly back to 5.7 so I'm not fussed that I didn't ride one brief fluctuation.

    The stock has risen nearly 100% in the past year and if someone bought in at that time (like you), they have done well.

    I never said it "had a range of 2 to 3 cents and would never increase." I said its LTA was 3-4 cents - at the time. The SP will determine the reality and sooner or later you'll have to adjust to that reality.
 
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