CAP 2.27% 4.3¢ carpentaria resources ltd

is someone slowly accumulating?, page-5

  1. 6,294 Posts.
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    You'd be correct in your assumption toph. My strategy since the beginning of the year was 'safety first' and from late April I began to lighten my holdings. Rules are rules and I had to let CAP go, but I must stress that it is nothing to do with the company's fundamentals. If the global economy wasn't in such a dire state, I'd be all in on this thing.

    It's all simply part of my investment and trading plan that I set out at the beginning of the year, and so far I am better off for it. Yes, I could very well end up being out of place with my sale if CAP strike a JV and shoots up to 60c, but I will be more than happy to pay up a premium to get back in down the track, because in the long term this one will be trading far higher.

    Sentiment still a shoe in for a LT buy if you can close your eyes and ignore the markets for a while.
 
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