My posts on the 9th and 24th of May don’t contradict each other. I started periodically accumulating once the price went below $3.20. My average price is now almost down to $3. CAN has good prospects for the next 3-6 months, after which announcement of production, confirmation of market conditions and concrete projections of demand should provide strong gains.
CAN is a great company so the retrace is temporary, but that doesn’t mean it’s “oversold”. And it’s not bullying to hold people accountable when they make false technical claims which could influence an inexperienced investor.
Let’s stay on topic, avoid buzzwords/hype and share our calculations and reasoning - that way others can critique and we all benefit.
CAN Price at posting:
$2.90 Sentiment: Buy Disclosure: Held
