CEO don't necessarily make good investors
Quote:
Originally Posted by
SparkyTheClown
...As a fundamental analysis investor, I look at the CEO in mid march buying $250k worth of CNU on market at around $2.97, and think, well, he's not doing it for kicks....
Given that he his capital loss is about the same as a years dividend he may not be a happy colour!
All time intraday low is $2.63 , all time closing low is $2.64 which it hit again today. If this is the bottom great, but the balance of probability says it will go lower.
So is this a growth stock or just a pure dividend play for the bad times ahead?
Is it worth the current risk?
Best Wishes
Paper Tiger
PS airedale's $2.55 in Feb is AU$.