CSS 6.67% 16.0¢ clean seas seafood limited

Guys,I'd watch from the sidelines just for now(for now only). A...

  1. 185 Posts.
    Guys,

    I'd watch from the sidelines just for now(for now only). A number of reasons.

    1. Market generally not doing too well.
    2. Cap Raise is somewhere in the bag waiting
    3. They would have burnt a good amount of cash since earlier this year, paying expenses.

    Nothing wrong with waiting for a big positive announcemnet and then rush back in. Apart from a small probability of that happening in the next month or two, else I think the sp will head in the same direction where it is currently going.

    I have no problem buying it again say at 15 cents when I see a clear turnaround, but buying it now without something solid is in my opinion a waste of good ammo.

    Your thoughts?
 
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