Congratulations to you jermaynew.. At $3.60 you probably do not have much downside risk.
I am not happy that I also bought into CMR above $5 recently without full disclosure from the board. A 20% loss (in a month) on a stock that I was told was "grossly undervalued" did not make me a happy man.
In hindsight the sellout by HNR at seemingly a bargain basement price should have been an indicator that all was not as it seemed. The buildup of shorts "against all odds" was another indicator ignored.
Management have a mammoth task in trying to restore shareholder confidence in CMR. With trust gone CMR will probably always be "undervalued" until dividends determine the share price which may not be until 2015 or later depending on further cost blowouts and delays.
CMR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
