share price, page-74

You're a bit late to the party

The DOW has fallen about 9K points from it's highs

I sold all of my blue chips weeks ago and am sitting in about 80% cash. I sold my blue chips because I was in profit on them all and knew I could buy back in cheaper.

But who is in profit on CZN at 0.2c or even break even? No one. Who has a position of CZN that is so substantial they need to sell it for the cash back? I am guessing no one. I never understand the logic of when the market tanks everyone just blindly sells.

If you are selling CZN at 0.2c ask yourself. Do I expect I can buy this cheaper in a few weeks? I consider it almost impossible. Even those qued to sell at 0.3c, do they think once they have been filled they can simply buy back in again at 0.2/0.3c once drilling is announced? I highly doubt it.

I even took some losses on blue chips because I knew I could buy back in cheaper. However taken a loss on a stock "just because" is really not smart. Most people have sat and watched the market fall 9K in a month and not acted. The next month will hold drilling and results. You'd be a fool to capitulate and sell into the lows but that is just IMHO.