Replies to post #28961 on CLST Holdings Inc (CLHI)

[BPETER]

The madmen are not out of the world yet.

[nsomniyak]

I can give one possible reason to sell.

CLHI could have been purchased for 10 cents in the closing days of 2021. It can now be sold for .30 - a triple in 2 weeks.

I did in fact buy at that time in very late December, part of a package of lowball orders I put in looking for a "January effect" bounce in early January. My plan was to review that basket of stocks on January 14 and sell most of them (hopefully for nominal gains to recoup my capital and build some dry powder) and hold 1 or 2 that looked like the might have legs. I do this every year.

I decided to hold the CLHI shares I added (in addition to my larger original position) but I can certainly see where someone doing the same "January effect" play might book the quick gain and move on.