Coffey has slowly been trending downwards over the past week or more. I was interested to see that the director sold some shares just recently at these low prices. I am looking to enter into Coffey with the hope of being able to buy some at the 90 cent level which is still a long way off but when i read about the director selling i thought that we might not be expecting COF to change direction any time soon. Has been a hard time recently for the market as a whole but for coffey especially who has from what i have seen had an increase in sellers recently also contributing to the recent negativity. Interesting times ahead for everyone but for those that are still believers of COF should potentially take this opportunity over the coming month to buy some more and potentially average down their positions...... Anyone want to comment about how they think COF is going to perform in the near future and what their expectations are of the business due to the falling in global confidence....
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GC
COF Price at posting:
94.1¢ Sentiment: Hold Disclosure: Not Held