I sold out a while back and was surprised how low CLCT has gotten. I was thinking of buying back and was curious what dbtunr and others think? Also, why has CLCT dropped so much? Is it the insider trading in combo with going with the market? It's down about 25% since I sold, so I'm guessing the dividend is a much higher yield.
thanks for the info dbtunr. It sounds like the coin certs are the main problem. I'm not surprised cards are picking up because there's a market that's developed for newer cards from the past 10 years, which really surprises me. I'm your typical old time card collector who has zero interest in any cards after 1975, but there appears to be a new wave of collectors who like the newer cards, which bodes very well for the future of card collecting. I'll have to buy back soon; especially if the insider selling has slowed
dbtunr: what's your guess as to when to buy CLCT? I guess part of the decision would be how you see the overall markets doing. I'm worried this could be more than just a 10% correction so maybe I should hold off on CLCT unless CLCT will begin to outperform the overall markets. So I guess I have 2 questions for dbtunr or anyone else. Is this a good time to by CLCT or will it go lower and do people here think that CLCT will begin to outperform the overall markets?