Is all I'll be able to afford if the price keeps trending down. Have not checked the number of shorts on cmr for a while. Surprisingly there are heaps more. CMR COMPASS RESOURCES NL FPO 964,407 12,702,651 .75 To me it seems as though there are way more informed investors riding this one down. I m struggling to establish if the asx announcements or price is noise or fact. I know for certain the price is fact and now starting to become uneasy about the announcements. From what I keep reading here on hc about all the positives: how undervalued this one is Debt free Resource upgrades / exploration extensions Commodity boom Production is just around the corner (this is my biggest concern - do not know if management will deliver on theri re re revised schedule) ++++ And CMR keeps bucking the trend trading way below fair value. It just does not add up.
CMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held