$CDNL Should I BUY, ADD, HOLD, or SELL?
The hard part for many is to hold in these situations, and Kevin has given plenty of reasons to cause folks to sell under these circumstances, with his poor communication skills. However, it only makes sense to concentrate on the hard cold facts that will determine the end results here, instead of how the CEO communicates w/shareholders. In doing so, I realize it may now take a little longer than expected, but CDNL is still in a perfect position to profit greatly in the end from what they are in the midst of currently.
Just the Cameroon Project alone could now be a 40 million dollar project that requires a little more "i's" to be dotted and "t's" to be crossed for the final financing approval in as little as 30 to 60 days. Shareholders have to know that these types of huge projects in a third world country, will have a lot of governmental red tape to wade through, not to mention all the government officials, EXIM bank officials, and others involved, that need to be satisfied to get final approval. This is why CDNL is being paid to provide all these reports and studies that they want done before signing off to get this underway. And just when you think they have everything they asked for and need to satisfy them, they come up with an additional development that requires another study/report to be completed. This is exactly the case this case here with the additional $10 million dollar add on that Kevin mentioned in his update yesterday.
Yet folks are letting their emotions get this best of them due to how some minor things have been overblown to produce a desirable result for one's trading strategy. Besides, you didn't really think the market was going to let all of the longs here make a ton of money from this without shaking the tree hard did you? That has been clear from the start, with so many buying and holding, that they needed to shake the tree hard to greatly minimize who (other than themselves of course) will profit off this. Happens all the time folks and any of you not believing it, all I say is keep a close eye on what happens here, because they are going to try and make as many as possible, pay a higher price to get back in and profit less. Though I don't blame you for falling for it when so many in otc land are rip offs. The trick is to separate the two to know when to buy, hold, or sell.
Say what you may, but there are hundreds of other stocks trading much higher than CDNL that don't have anything close to what CDNL is ready to close on. Losing one's patience now could be a very costly mistake, just as it would be to sell based upon what the wrong sources are saying on some message board. Factual Due Diligence is your best defense to protect you from making a bad trading/investing decision. NEVER rely on anything you read on a message board, including this, until you can verify it through trusted source! I see so many falling prey to these games being daily in otc land, like we see here today, and it really pisses me off when they get away with it time and time again. Act and don't React in these types of situations. Act by doing some REAL DD and don't react to follow the lemmings over the cliff without digging in to uncover the REAL TRUTH.
The crap that gets spewed out is intended to get as many as possible to sell low due to this panic selling they create after they sold out on that last rise, in order that they may buy low and sell high AGAIN for another quick flip. It's a despicable ploy that I would never use, no matter how desperate I was. Some folks don't have a conscience when it comes to the stock market. They feel anything goes when it comes to the market, regardless of how unethical or immoral it is. They justify themselves by saying everyone had the opportunity to sell, same as they did, but they fail to realize they changed the game to gain an upperhand at the cost of others.
They may indeed make some money in the process, but at what cost? Is it really worth it to use such tactics to pad one's wallet at the expense of others? I think not, as there will always come a time when they will have to pay dearly for what I consider it to be the same as robbing someone in a dark alley. I've been told that I am stupid to not take advantage of these situations, like they did, to make money. They may think it's stupid, but at least I know I don't sh*t on others, to try and make money using unethical and immoral trading methods. Seems this pack of Wallstreet Wolves, that employ such strategies, just continues to grow!
I could NEVER go down that road. Oh I do take plenty of heat for expressing my optimism that I get from doing my DD to uncover the facts and sharing what I believe based upon those facts. They say there is a fine line between what is considered pumping or bashing, which is why I ALWAYS try to provide reliable sources to support my views. Posting wild assumptions to serve one's purpose always comes back full circle to nail them to the wall. Cheers!
