Hi Frenchie.
Welcome to the board.
I am bad at making share price predictions and especially on this one because it is so speculative. A LOT OF WHAT IFs HERE. I'd like to think I will make some money in anything I invest in. Sometimes trickier in the OTC markets.
Like many others, I was attracted to this stock by the pre-Christmas buzz that was floating around I-Hub and the internet. I have stuck around and even added to my small position over time. I think when I first bought into this it was at around this same level, then I bought a little more as it was going up - I don't think I paid more than 20-25 cents for those shares. Stock went up, I sold a little off the top, not much. And then I bought a little more the last couple of days at around .15. I would say I am pretty much even, maybe a little down but not much.
I am currently holding about 3-4x the shares I was holding when I first decided to make a buy. Which isn't saying much, it's not that many.
Actually this performance is better than I can say for another Canadian stock I have but that's another story.
For now I don't think I can predict where shareprice is headed. I would like to see more data. I do want to know how many shares are freely trading, how many are restricted and when do the restrictions come off, etc. I would like to see steady news about the Chinese deal over the next 60 days.
I am also curious as to what will happen in April when the CEO of CPOW is slated to speak at that bio-energy conference.
And I would like to hear more about the possibilities of neutraceuticals, livestock feed and jet-fuel/biodiesel that are also plays in addition to the cooking oil.
I haven't seen any reason yet to sell my shares.
My profile shows me I have a few "followers" now. I just want to remind folks I am not a seasoned investor or expert and to please make your own calls, invest within your risk tolerance, etc.
Good luck to CPOW investors.
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