When CER was .06 a friend of mine, supposedly in the know, run the card over them something terrible when I told him of my decision to buy up and wait my time.
He was purely into F/A I liked the T/A and bought $16000 worth, he told me to kiss that good by, and hoped I had a good year to write off that loss, My reasoning was when it hit a dollar, that would give me a million dollars.
I have traded this stock plenty of times but kept my original holdings, 2 things I have learnt, no matter how hard I try I will never outplay the market trading on a daily basis, and eventually time will reward those who wait.
Even on a very red day for the market, CER is still up on volume and not really losing ground, I will be happy to see it hold around .18 to .18.5 cents until the next leg up. That will come after the market settles a little,and real estate values are revalued.
CER Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
