re: valuation just out - $3 +++++ conservatively
Rule 1: Never buy a stock promoted by a widely subscribed to newsletter on a Monday - the lemming rush in morivated by greed only to find that they have paid too high a price. Usually, at market close such stocks are considerably down as savy traders unload on volume into strength.
Rule 2: Do thorough research and, if all is well, await the right buying opportunity. This is usually after the dust as settled and after the initial euphoria has waned - probably a couple of weeks down the track, depending on general market conditions.
I like the look of CMR from what I have read but I certainly will not be a buyer on Monday.
Awaiting the right entry opportunity is critical if you play this end of the market.
CMR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held