For about the fourth time, CLH wasn't just in the free reports, it was a paid recommendation in a number of their products.
And one of the reasons people are irritated with CLH is directors flooded the market selling millions of shares in 2015 and bought only a few thousand while going on a charm offensive to retail investors to buy their shares, and Motley Fool seemed swayed by this in particular. So the understandable frustration for many of us now is the creation of that new buying volume of retail investors masked the huge selling volume of the directors. Without that new buying volume the sp wouldn't have appeared stable around the $2.20 mark, and we would have noticed much earlier that the directors were deserting en masse leaving us with overvalued shares.
That past history is just a bit frustrating on a day like today, so please cut us a little slack, but it's a hard lesson learnt. I'm sure Motley Fool have provided a great service to others on many occasions.
CLH Price at posting:
$1.27 Sentiment: Hold Disclosure: Held
