CGM 0.00% 0.1¢ cougar metals nl

UFX, the list of penny dreadfuls going nowhere is huge and I was...

  1. 1,137 Posts.
    UFX, the list of penny dreadfuls going nowhere is huge and I was just giving a broad comparison, regardless of MC comparison's many of them have never and will never go anywhere but to state the reasons for my opinion would take pages of an HC post. That would of course include MC but also would show proven failures and success of CEO's and current market interest in what they do. Much like what happened to uranium stocks V renewables when Japan's disaster hit and the return of SP over the past months.

    If we reviewed their financials many companies under $1 wouldn't even come close to CGM. With the massive amount of SPP's both institutional and public that we've seen in the past two years overdilution with CR's has slaughtered many stocks......with their SP never to return. CGM did that in 09 and IMHO management learnt a big lesson. CGM recovered and management has thought very carefully about the effect of SPP's IMO.

    I reckon we both know where we are coming from.

    I always appreciate your post's and thoughts.

    I've gotta get to work so GL UFX and all CGM holders.

    IMHO DYOR
 
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Currently unlisted public company.

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