re: Ann: Carrick Board Strengthened with Free...
I sold today - employing another "insider" in this company something does not sit right as I had changed my sentiment to Hold last time I posted
Today was the clincher for me to sell - they may as well take this company private as its run like that already, why waste the extra costs of a public listing.
Seems the insiders are wantng to get a exit from the company with a gain for themselves and a loss for most small shareholders that bought at 40c plus. Another 12 - 18 months could see this goto 20c over that time if nothing happens other than further exploration. I recall a learned old collegue of mine saying would you like to be a millionaire this year or a billionaire in 1000 years time. ie return is a factor of time with another 12 months of waiting for some action on this stock is too long for me
The change of plan from mining to further exploration announced recently with no communication to shareholders prior was very poor and treating shareholders with contempt. JPM look like they are churning again with the veiw of selling into any strength. Enough for me..
Though me selling is usually a good buy indicator so just my opinion.....
CRK Price at posting:
37.1¢ Sentiment: Sell Disclosure: Not Held