Regardless of whether or not the association of Breakaway with CR's is valid, the effect of the Breakaway Research Report was swift and decisive. The SP had been tracking nicely upwards and was still trading at 6c on 13 Nov. The Breakaway Research Report was published at 12.40 on 14 Nov and at 12.44 125k was dumped at 5.5. Further weakness followed with the SP touching 5c on 17 Nov.
Right now there seems to be support in the low 5's, although it's strength remains to be seen.
I feel some apprehension about the current cash position, but my gut still believes in the co.
That said, I held Kagara till the end, so my track record leaves something to be desired. Will lightening strike twice? Have to wait and see!
CSD Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
