CDA 0.53% $16.00 codan limited

is it a hold or a sell?, page-44

  1. 1,195 Posts.
    hind

    I have always been a long investor until the last 6 months when as part of normal investment scoping you look at a lot of prospects and realise how many have weak balance sheets, overhyped prospects, questionable mangement and time bomb contracts ( not usually all 4 in most but the more the better) .

    shorting will not cause these companies prices to drop, only when reality hits. why not get ahead of the curve and profit ? if iam wrong, i lose, the same as buying a stock and having it fall.

    btw. hold some bottom draw CDA. entered at 2.and sold enought for free carry in the 3's. i wouldnt want to short this as has always generated enough cashflow for product develeopment , divies and low debt. but if others want to, that is their call. we will see what update brings.

    Baraka
 
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Last
$16.00
Change
0.085(0.53%)
Mkt cap ! $2.785B
Open High Low Value Volume
$16.00 $16.01 $15.81 $864.2K 54.16K

Buyers (Bids)

No. Vol. Price($)
7 229 $15.99
 

Sellers (Offers)

Price($) Vol. No.
$16.00 161 5
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