cfoo,CER is still very much on my watchlist. Most of my...

cfoo,
CER is still very much on my watchlist. Most of my understanding of CER comes from months ago when I spent hours/weeks researching CNP.
In this game you need to look at many situations just to find the few very good plays.
My long term view on CER has not changed, it is just that I am happier holding greater amounts of cash in this market. Still believe I will buyback CER cheaper than what I sold it for yesterday.
Not convinced this market has bottomed yet.
Excellent time for research.
Regards
Buffett