Larry: I didn't sell, don't blame me for hype. I like it, and said so by keeping it.
If you look at the chart, you will notice a spike up to .875 a couple of days before Cartaaway Resources caused all of the surrounding properties to plumbmit. Cartaway on 5/17 was 26 and two trade days later was at 2. CYJ on 5/21 opened at .75, hi of .875, low of .4375 and closed at .50. Only because of the Cartaway scare.
Sure, there is resistance at the .80+ level, did we not all expect it?
Were most of us HOPING it would go and stay above? I sure was.
The current problem as I see it, is how can I get my grubby little hands on some more cash to get more stock at the current level?
Of course it is easy for me, I'm in at:
.16 on 8/10/95
.42 on 5/16/96
.63 on 5/16/96
But as you can see from the chart, I have sat thru several ups and downs. Could I have traded it? You bet, but MY crystal ball only shows what HAS happened, not what will happen.
Keep the faith in CYJ. MVS moved up. One spike way up was only a few shares..someone did something wierd!
Great Investing, Gary |
