It's looks to me that if you had loaded up between 15th and 17th on shares and then sold them off at the start of today between the high and low of the first few minutes of trade you could have got ~25% profit, in just 8 days.
The underlying fundamentals are sold, yet it is an seriously underappreciated for a various reasons. So when it keeps detaching from those fundamentals and falls way down some are loading up for when it invariably picks up again. For that kind of profit waiting even a couple of months can be worth it for some.
Big question is. Do we want management to push hard expending resources lifting SP all the way up to what fundamentals suggest, or just leave it alone and let this kind of dip-buy and climb-sell cycle just keep playing out for awhile?
I am not sure I see much value in any serious wasteful management intervention to stop this given I am happy to hold for multi-year term. And I know I am just as free to work the cycles like any one else, and if do this seriously I could earn back nearly all the value of my main long-term investment.
CUV Price at posting:
$11.83 Sentiment: None Disclosure: Held
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