Yes Asf. I thinkt the oppies will do great. I mean All companies at some stage in their lifecycle start off as “small”... Whether that be a small microcap stock or whether they start off with a higher market cap.
But the question is how much longer will Consegna be considered as a small microcap? I hope people don’t view this post as a ‘ramp’ but some of the feedback from the sports panel participants (See Investor newsletter) was that 86% of the panel reported they believed that the Turbine would deliver more air into their lungs and 83% believe that the device will allow them to be able to breathe more easily during exercise. And furthermore 94% of the panel believed that people training at an elite level would benefit from the technology and 91% believed it would benefit elite athletes. These are some very positive figures and it should also be noted that this is only one aspect of the business that is in motion and doesn’t even include the sleep apnea area Consegna are trying to tap into which also presents some big opportunities.
Did the investors who were buying ISN pre consolidation days and also post consolidation days at 5.5c know that later that year the share price would be at 79cents? Some may have but many, probably not. Sure ISN is in Health Care equipment and services and CGP is in Biotech/ Pharma & Life Sciences land but similarly here we do not know at this stage how far Consegna will go. We each have different strategies: mine is trading some, and also keeping a big chunk for the much longer term. But considering the types of products that we are developing (which many are specifically targeted) and given much of the target markets for our products where there is some big demand for the products in each area, then I think that this company is fairly well placed to see some solid growth from quarter four onwards. IMO only. Please DYOR.
I'm not one of the "movers n shakers" in heads or the oppies but IMO I consider current prices on CGP and CGPOA to be VERY bargain buying given the potential news flow in quarter four 2013 onwards. Like I mentioned previously, I also Take it as a great sign that the Activity on the CGPOA options has increased in recent days somewhat with 200k taken out at 1.6c yesterday, 500k taken out at 1.5c 4mins before close today aswell as some fairly solid buying on oppies over August and September so far on many of the dips if you look at chart and volume trade history over the period.
In the red at the moment but am still very optimistic for quarter 4. I made the mistake of selling ISN too many times too early and I will not be making that mistake here.
All imo only. please DYOR.
CGP Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
