In either case, expansion or buyout, we should expect a price above $3.00 and the drop in the current price, especially if it goes below $2.00 is a gift. I am hoping that it goes lower so I can add more shares.
Unless there was some problem in registering my vote, I voted against the cro-oked management.
You may be right ggray, but I like cheap shares and added 2000 more shares (partial fill) at $1.25. But if it goes lower, I like it even better. Actually I like to see it below $1.00 since I see a reversal and it will eventually go up yielding hefty profits.
The key sentence is "...proven or even credibly suspected fraud by a US listed Chinese company that has paid a dividend." As of this date CCCL is not a proven or suspected fraud case.
ggray, the chart you are looking at is in your imagination. The real one shows GRO going from $1.20s to $1.40s and back to $1.20s within past few month.
jshpst, that is a good strategy and shows that you like flying more than water skiing. I am not good at neither one of those dangerous activities though I don't fear trying them when that is the only game available. If I had my choice I like walking an upward green trail in the bosom of nature with the birds singing and a fantastic vista before me.
and because of the cro-oked management this stock needs lots of patience and the courage to accumulate at around low $2.20s. If you are not patient you got to teach yourself some patience. They say you can teach an old dog new tricks and patience is one of them. Learn a new trick and you get a nice treat.
Good question ggray. I am not excited at all about GRO though it could have a break through. If you read my earliest posts you will see that I am trading its fluctuation cycle which is usually in the $1.20s to $1.50s or better range with a better chance of an upside above this range than below it.
jshpst, it may well turn out as you say but we must then assume that $0.75 is the short term equilibrium price in the absence of any major effor in either direction. But this is a highly manipulated stock and they can very easily reduce the price before it goes up. I hoping that it does so I can pick up some more cheap shares.