Champ
Shares move dependent on economic fundamentals and dependent on landmark events.
CXM is improving in price in anticipation of FIRB approval.
This is the announcement we are waiting for.
When this occurs, it is best to size up the company according to what one thinks it is worth and think about whether you think it is best to take some profits and let the rest of your stock ride.
I would like to see CXM breach $1 when FIRB approval is made.
For example, I bought at around 24 cents average, sold 1/3 at 68 cent average for safety, 'free carrying the rest'. I would like to sell another 1/3 at say $1.15 when FIRB approval comes. And then hold the remaining 1/3 long term as investment stock.
For most of us, we are holding until FIRB approval and see what happens.
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