Hey guys, please do not take my fair value to be accurate and dyodd too. I know that some of us here are vested in CDG, in that case, I hope that I’m wrong, so you guys can make money!
For the CDG bears, even if my fair value is accurate, the market can remain irrational for extended periods of time, and we may have to wait a long time to see CDG hit those levels I estimated. That is the beauty of the market.
Personally, when CDG dipped below $2 last week, I considered pulling the trigger, because I have a rather high proportion of cash available. However, I decided to wait for the 3Q results.
Lastly, my parents have a rather sizable exposure to CDG, in the $2.10 range, so you could probably classify that as a deemed interest haha. Therefore, it isn't entirely positive for me if CDG declines sharply, but I’ll be ready to initiate a position if it reaches a reasonable price!
Cheers! :)
nice work.
Hope we can see more stuff like this from you.
Thanks for the effort
once again.. 2.15 coming soon..
Reply to @Dividend_Warrior : yup think so
Hey guys, please do not take my fair value to be accurate and dyodd too. I know that some of us here are vested in CDG, in that case, I hope that I’m wrong, so you guys can make money!
For the CDG bears, even if my fair value is accurate, the market can remain irrational for extended periods of time, and we may have to wait a long time to see CDG hit those levels I estimated. That is the beauty of the market.
Personally, when CDG dipped below $2 last week, I considered pulling the trigger, because I have a rather high proportion of cash available. However, I decided to wait for the 3Q results.
Lastly, my parents have a rather sizable exposure to CDG, in the $2.10 range, so you could probably classify that as a deemed interest haha. Therefore, it isn't entirely positive for me if CDG declines sharply, but I’ll be ready to initiate a position if it reaches a reasonable price!
Cheers! :)
Reply to @Dividend_Warrior : haha, I'm not vested, but my parents are!