CLH 0.00% 22.0¢ collection house limited

Feeling for the long term holders caught in this one, didn't...

  1. 583 Posts.
    Feeling for the long term holders caught in this one, didn't expect it to sink under $1 again.

    Touching the new yearly low and on higher volumes today isn't great and doesn't seem like there is good news on the short term horizon to hold it up which may see it heavily sold off coming into tax loss selling season, which in this case, will coincide with new management taking over.

    I am tipping that come May this could be a screaming buy for a huge turnaround, only wish I had a clue what the price will be by then, I still think its a sell because of the lack of support or likelihood of positive news coming, but it will remain a favourite on my watch list.

    This is one for now I will leave to the tea leaf reading, dark arts of the TA crowd.
 
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