1.125 plus as that is my av. LOL
I think it is still early days but obviously 2ic was correct in his prognostications to some degree.
With the both a Director and an insatiable "other" buying on market of late, I think it is still a little strange for the arc to talk her down so much. However, quite a few on market buying of late from Boards of other companies that I own, part from CMR, are mis-timed and well in the red. Not the best of timing myself either which is not uncommon atm for anyone.
The metals bear market, the fall in the POO & POG, plus the increase in the US$ has caught many flat footed. CMR has suffered bu the outlook can change at a drop of the hat.
I would not have thought she would've stayed under 1.2 for long and I still remain somewhat confident in her despite her apparent fall in HC short term sentiment.
Today's green close was upwards on a seedy day with lowish vol of $533K. 87 low was alittle too much - I believe the capitulation is over and she is oversold.
My stop loss was 93 but I held.
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1.125 plus as that is my av. LOLI think it is still early days...
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