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I can only assume that the outgoing CEO buying shares at 2p a share was seen as a signal that he knows something we don't. I'm guessing here but the share price could well go up again today after the drop yesterday but we'll have to wait and see.
Who knows?
Apart from the change of registered office, the CEO leaving and buying additional shares, I cannot see any significant news to justify such a sharp price hike over a period of a few days? However, fear and greed are extremely powerful motivators. Will it be fear or greed tomorrow? Good luck to all, whatever course of action you choose to take.
Hold, as this will continue to go up over the short term.
So what's the advice for any newbie (ie me), who didn't dump,going forward? Hold the shares or cut the losses?
There was an effusive writer some time ago who wrote about CDL, a while afterwards he wrote about Woodbois. Motley Fool did once have a different writer who also wrote about Woodbois. I do not think Motey Fool have ever had any articles about CDL.
My guess is the effusive writer just wanted to put a positive opinon accoss, Motley Fool writing tends to be quite balanced. CDL have adapted since that time and we all have to make our own judgements.
It was advertised on Motley Fool, destined for huge success. It succeeded in making some people a lot of money for a few weeks!!!
P&D yep imo, lasted approx 20 days.
I agree, nothing more than a gamble. However, I have banked a considerable gain on last weeks numbers. I have not ruled out re-investing if I see sound evidence for the stock to continue rising. Was there not some pump and dump action which elevated the price the last time it rose to c10p?
With no news It’s a blind gamble. Currently a similar format to the last spike Feb 22 @10p
GLA whatever your strategy.
On 17.06.23, I posted to say that their was some optimism to justify adding to my holding. I certainly did not expect the recent increase. In my humble opinion, there is insufficient evidence to support such an increase. For what it is worth, I sold out completely this morning. Good luck to those braver than me.
No, Cheety you don't sound stupid. Not that it accounts for all of those tiny buys but I know from experience , when I was trying to show a friend of mine how to open an account, place orders etc. I came back to find he'd been practicing by buying piffling amounts of shares worth one or two quid. I did try telling him it would cost him more in fees but...
A 1million buy, thats confidence for you
Anyone know why there's so many tiny buys? Is it just to make the chart look blue? Sorry if I sound stupid
Lots of buys in the last 30 minutes
Heading north again. Will finish the day on 2p
Crazy, almost 600% up from lows people pile in and of course now (for now) the fun is over they all pile out again, strange old market for a fast buck, must remember the next time not to bail from a flyer too soon
What a good message that was , just jumped out in time . PHEW ,!
Yes it could be being played now .
They have had a 600 percent rise .....all things don't continue to go up in a straight line....just a piece of advice...DYOR
More like 10.2 p
I hate these tree shakes
She’s going to go well just hold and relax
And then we climb again. People thought it was done last time at 500% and then it proceeded to go all the way to 11p. Could be on to a major winner here
Well done, must admit some of you have nerves of steel to watch a stock do 500% from the low and not sell. I'd be out in a shot if I had more stock left at these levels but there does seem to be stake building as well, surely a RNS is coming to account for this
Happy days ahead just sat holding making money