i think there's got to be a bit of game-playing here? The volume to get us here hasn't been that large. recall dropping over 40% one day on a $500 trade! And this time again, we are talking about small holders giving up or someone messing around. the volume is too low. $5k here or there doesn't mean much
i think we could do with an update, but i think industry deals will take place at much higher values to this. think NGE in 269. still sold that acreage for 32+8M despite the whole company being worth a fraction of that amount.
at least CMT have decent management, only a few shares and no debt!
but to answer your question - i guess i don't like it and how it makes my portfolio look. but when i see that a single 15k investment can wipe out a chunk of the register and get us up >100% from here, i'm ok for now. Having said that, i'm not standing in front of the bus. i'll need more clarity and confidence before averaging down from my position.
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i think there's got to be a bit of game-playing here? The volume...
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