CBH 0.00% 7.0¢ coolabah metals limited

late run, page-14

  1. 1,350 Posts.
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    re: uluka1 what do u see iffy on the balance sheet you realise that when the buy offers for CBH equaled the TKR shares (1:3.5) ppl were selling.

    i wouldnt sell my TKR shares for 1.50 (last buying bid price) when you will get 0.48 x 3.5 = 1.68 for TKR. All im saying is i expect some shortterm weakness in the stock.

    hell if im wrong ill still be able to get in under 50cents the resistance on market will make sure of that.

    im not downramping CBH at all, quite the opposite, ill be picking my parcel back up with profits already taken once we see the weak hands flushed out.

    why not protect profits, buy, dump on the uptrend and buy on retracement for near original entry price.

 
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