Do not misunderstand me. I hold it and looking at buying more. Infrastructure stocks are solid, better % than banks or other instruments.
CEU is a great stock, but it is not a spec. It is rising at 10% per annum, and will pay a good div. It will rise more once other roads are finished, linking to it.
This stock will reach uncharted waters once it nears $1.7+, which is where it was 4 years ago, 48? is long way from that. For the last 2 years it has tracked sideways. Taking profit of a couple of ? on half a dollar does not really make sense, unless you think stock is going to dive.
Give me some reports, or show me a chart longer than 3 years.
Cheers
I HAVE NO IDEA. DO NOT DO IT.
CEU Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held