I would think that a sophisticated investor would be happy getting a good return, outperforming benchmarks without undue risk. So yeah, if they bought in at 27c with some surety, you'd be a legend in the investment community selling at 50c i reckon.
By the way, i'm not down ramping, i've ~10% of my wealth in CXX. But we are living in a low yield environment and large funds and sophisticated's generally get an inside run on this stuff over us. I'll be very happy to be wrong and perhaps with some 27.5c trading today, i am.
** should my sentiment be HOLD or BUY. If this will be a T/O at even 40c you should probably just be buying.
CXX Price at posting:
27.0¢ Sentiment: Hold Disclosure: Held
