BRR - I agree with you 100%
I was lucky enough to buy CFR at 1.1c
Then it went to 1.6c and I told my brother to buy it, Luckliy he was abit late and brought when it breifly went back to 1.1c
He only brought 100000 shares at a cost of $1100
Has he never has owned shares.
I was caught up in the hype also. I had invested a large amount and was starting to have some concearns about the managment. And if they could deliver anything.
I also looked at the sp history ans saw that every few years there price went up (due to the fact that they would target the next "IT" thing) This would drive there SP up.
Anyway after we hit 2.6c - I sold and told my brother to sell. We sold 80% of holding and made profits and now have 20% free carried.
I hope CFR gets to $1 - I will make a stack !
But if it goes bust - I will still be happy that I havent lost the lot.
But now that I have sold 80% of stock , I sleep easier.
You have to go with your gut instinct and DYOR and dont believe what you see or hear.
You have to buy first and make sure your not the last to get out
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