| | | Clean Slate:
The stock market, and especially the venture exchange, has not been a particularly friendly place for investors this year, for the most part. A new year is often a time of re-balancing one's portfolio (if not one's life). This got me thinking about my investment decisions for 2015.
I blew a lot on CUU, and took the loss this year. Obviously, I'm watching it now, not just for the entertainment value of the posts, and not only for the morbid interest of observing the beast that struck me, but also with a view to re-entering it and making a profit.
So, I was wondering: if you were an investor with, say, $100 000 to invest, and currently with no stocks, would you put some of that money into CUU at these levels, based on everything that you now know?
Initially, I was going to ask for people's opinions on how that $100 000 would be divided between various stocks, but I realize that's not a fair question to ask on this board. So, more simply, would ANY portion of your new investment dollars go towards Copper Fox, if you currently held no shares in it?
And, since I'm raising the question, I'll venture an initial response. For me, no. Not now, anyway. Of my $100 000, I would likely put around 10% towards something high risk/high potential return. At first blush, CUU might fit that bill, but I am inclined to think it does not, currently at least. There is way too much uncertainty in it around future finances, management performance, the risk that a single majority shareholder brings, and the uncertainly of timely development of Shaft Creek. My current sense is that it is a possible future play, but one that currently requires patience. Perhaps when some of the unknowns fall into a clearer focus.
Any others want to share their opinions on this exercise? |
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