Good post Ron and I've always enjoyed reading your stuff.
I think you are missing my point but as I'm almost late for a tee off time let me just try to explain.
It is my belief that over the next 6-12 months this stock will be determined by what the Big 3 wish to do while throwing in the buy back. I for one have no idea what they are thinking but without going into any detail I have my OWN opinions on what "may" be happening by watching it trade very closely since M&G got their last bundle. Could it got to $5 quickly?? YES!! Could it go to high $2's? Maybe!
I'll just leave you with this. Roh you seem like a smart investor. What would you think of a situation where one entity owned 51% of CDU? What would that mean to the cost we sold the copper for and the dividends paid to shareholders? Some of us have been called "silly" to even consider that could happen but maybe you could give me your opinion on whether that scenario is possible.
CDU Price at posting:
$3.52 Sentiment: None Disclosure: Held