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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Sun Tzu who wrote (88082)10/6/2025 3:59:49 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (3) of 96885
 
CMMB just showed up on my radar. Not a strong signal, but I got reminded that it used to be moderate/large position of mine and I kept going in and out of it.

I can't remember exactly when I sold it, but it was somewhere near the left end of the picture below.

At the time, I had expected to buy it back again when it would bounce off the blue rails properly, but the entry position never got executed and the order expired.

Message #88082 from Sun Tzu at 10/15/2024 1:50:17 PM

CMMB still needs to prove itself, but I am well above my entry position.
As it moves up and breaks near term resistance, I will keep adding bigger and bigger portions to it.


Now that it showed up again, I got a chance to reminisce and see what it has been up to. Wow, time has not been kind to it!

I'll have to look into it deeper, but the lesson is to never be married to a stock and drink the news koolaid. Follow the trend and respect the guardrails.

PS The last news I see on it is from two months ago, "Oppenheimer maintains its outperform rating". Yah, right! Why do people pay attention to these clowns?!

PPS My last personal note on it was: "22Apr2024 - Has $1.55 cash per share. Should last into CY2025" That aged "well". See, I do pay attention to the fundamentals.

.

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