Just added an additional 10% of total shares this morning below $20. Price target still remains mid term...$25-28...long term (12 months) $31...basing on growth in Asia, addition to R2000, backlogs etc. Any opinions?
DB bought at $23. He's a coin collector, but his advice here on when to buy and sell has been awful.Think for yourself and do your own research, but always be careful with companies who have insiders that sell on good news. The company appears to be doing very well and should have some fund managers buying in now that it's back in the Russell 2000, but it's hard to expect fund managers to buy in when the insiders continue selling. Even June 30th another insider sell a bit, which followed the large insider sale from June 23rd and the flurry earlier in the month and in May.
couldn't the same be said for the entire stock market? Hard to add to anything here. I'll collect the 6.5% and be happy with that
FYI - insiders can't sell now until 3 days after they report their yearly numbers, which is typically last week of August or first week of September. So this trading window for the quarter is 4-5 weeks.
Went to CLCT office in Kowloon around 3 months ago or so and I didn't get anything concrete this time around except that this are still "growing nicely". I got the feeling that CLCT saw my post on the message board of the specifics that I was told on my first visit and gave the poor guy in HK a phone call and told him to not be so forthcoming with any info to investors. My take away, however, was that things are still full steam ahead in Asia and I left encouraged. Still happy to add as I'll be getting that 6.5%. True, stock could drop, but I'm terrible at timing the market.
I see nothing to stop that from happening. Still trending 10% higher than last year on volume. PSA is raising prices. Tons of old-time great coin collections are coming on the market. The coin market appears strong. Interest rates look like they won't go up for another year and then only modestly.