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5,172 Posts.
163
04/09/07
20:32
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I think all this turmoil is good for shareholders like me who bought today.
CMR has resources to the value greater than 3.65 (my purchase price).
Therefore the more grim news I have the better because some preditor will take this over.
Sorry to those who bought at $5 and have to wait for awhile to recover the money.
Generally, I make my money by buying companies that are in trouble or unloved by the sharemarket. IT IS AN EASY WAY TO MAKE MONEY YOU ARE PATIENT.
CMR is not a dog per se. It has some good resources. At worst it may be badly managed. management can change in a blink of an eye.
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