max, i still hold. why? because its seriously undervalued. all retail stocks earnings already heavily priced in except for CPR.
as you can see retail stocks were out of favors lately. Everyone is buying commodities stocks. we can't do much there...
from memory, CPR has recovered $20 mil. however, investors are still cautious. to me, its all history. everyone deserved a second chance. i'm bought because i believe the 'come back' story.
here's a positve sign. fund managers bought 6 mil shares in total from 2 directors (3 mil each). they believe in the turn-around story too?
a little patience needed here. will be rewarded once market sentiment turned to retailers.
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