"AKA , have you ever traded CDU shares ? Or are you just a long term holder? '
Dunk unfortunately I haven't actively traded CDU which I admit has been a big mistake because it is a typical sell the news stock and one that is very easy to trade on charts.
I have how ever been stopped out of the stock in the GFC and JORC carnage and at other times I have to sell to pay some bills.
If I had traded it I would probably have twice as many as I now do - I hope to accumulate some along the way over the next year or so. $3, is a long term support on this stock so unless it crashes below that I can see no reason for long term holders to sell now.
For traders the money could be better deployed in up trending stocks . CDU is now range bound and needs to get back above $3.77 before any significant change in trend occurs.
The sand in eyes was a play on words for the unfortunate circumstances surrounding the Dunk island Resort getting wiped out in the cyclone.
Cheers Hoot
CDU Price at posting:
$3.17 Sentiment: Buy Disclosure: Held
