My last post was titled stock about to go exponential from here...was pretty accurate...
Ive traded this several times in the past few months... CCU has had 2 speeding tickects...dont know... ..news is to come out sooner or later ..company is drilling
they need money to take things further...
When will they raise money...
My guess is sooner rather than later.... The real question at this point is...will the stock have information come out before it raises money that will drive it to new highs....
My guess is yes...
how high ...dont know...50-70 may be on the cards...its purely a guess though..
how much will it come down....
dont know...
but i would not be left not holding this one for too long....
6c to 42c, maybe back to 28-30c then on to my target range....50-70
At this point it could really go anywhere in the short term...
Regards
ducksoup
CCU Price at posting:
35.2¢ Sentiment: None Disclosure: Not Held
