CBH 0.00% 8.0¢ coolabah metals limited

agree jacko that it did exceed all of our expectations went it...

  1. 362 Posts.
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    agree jacko that it did exceed all of our expectations went it went for a run ( I took some profit as I believed this).

    But it is important to remember that CBH did have "catching up" to do when compared to other zinc stocks that had already run. Added to this the achievement of full production at Endeavour and the price of zinc putting on 30% - the run at least had some merits.

    I think it is like playing with fire shorting zinc stocks in the current environment. The other main times I have seen such blatant selling/manipulation (as I type the 300,000 shares at 63.5c that caused the close at 63 are removed), is in stocks where corporate activity has occured shortly after.

    I see value at current prices, as I did when it was in 30s, 40s. Look forward to seeing what unfolds tomorrow.

    cheers mate

 
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