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CXBMF Calibre Mining
Stock made its new 52 week high yesterday.
I called this one from before it took off.
Still room to make some good money. Stock is probably worth at least $3 but I will be happy doubling my money later this year.
I called this one from before it took off.
Still room to make some good money. Stock is probably worth at least $3 but I will be happy doubling my money later this year.
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Could have made over 10% had you purchased on 3/20.
I sold off $8000 of it yesterday because I want to get it from a taxable brokerage account to an IRA. Sold it at $1.36. I am hoping it drops back down so when I rebuy it in the IRA I can make more money again. Want the gains to be tax deferred.
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So the funds have settled and I moved the $8000 to a traditional IRA. I have an open order to purchase 6009 shares at $1.33 that I hope gets filled. If it does, I would make over $150 and own more shares than I previously did.
I think this company is going over $2 for sure. If I am not able to get at the $1.33 I would pay market because I want the stock.
Only reason I sold was you cannot move stock into an IRA so I had to sell the stock and move the cash and then buy the stock again.
I think this company is going over $2 for sure. If I am not able to get at the $1.33 I would pay market because I want the stock.
Only reason I sold was you cannot move stock into an IRA so I had to sell the stock and move the cash and then buy the stock again.
Hit a new 52 week high this morning. $1.53.
Unfortunately as mentioned I sold off $8000 worth to transfer to an IRA. I also sold off more at $1.40 hoping for a dip.
Now I am sitting with an open order to purchase a bunch back at $1.38 so I end up with about what I had before I sold.
I think this stock is going over $2 within couple of months.
Unfortunately as mentioned I sold off $8000 worth to transfer to an IRA. I also sold off more at $1.40 hoping for a dip.
Now I am sitting with an open order to purchase a bunch back at $1.38 so I end up with about what I had before I sold.
I think this stock is going over $2 within couple of months.
Well I am fully invested in CXBMF again after selling from the brokerage account and repurchasing in the IRA.
I don't own as many shares as I did before because the price went up and I don't want to miss out on this great stock so I paid more to re purchase it than I sold it for.
I guess that doesn't really matter because it isn't about the number of shares as much as it is about the value of my portfolio. I would rather have a few less shares and own the stock when it is over $2.
As mentioned was at $1.53 the other day.
This stock is still a great buy. If I were you and had a few dollars to invest I would consider purchasing it. I just did.
I don't own as many shares as I did before because the price went up and I don't want to miss out on this great stock so I paid more to re purchase it than I sold it for.
I guess that doesn't really matter because it isn't about the number of shares as much as it is about the value of my portfolio. I would rather have a few less shares and own the stock when it is over $2.
As mentioned was at $1.53 the other day.
This stock is still a great buy. If I were you and had a few dollars to invest I would consider purchasing it. I just did.
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My guess is if a person today purchased this stock for $1.38 they could sell it inside of 2 weeks for $1.54 and make over 10% in a couple of weeks.
The beautiful thing about this company is the value. They are profitable and the stock is literally cheap. They have assets, money, and they are growing. So if you bought it and held it, you have a valuable company. This company was profitable when Gold and Silver was in the toilet. Imagine how profitable they will be if Gold actually takes off. But that doesn't matter because they are a good, solid, company.
Honestly I think they could go over $5 over time. It is possible that if I left that 15,000 shares and forgot about it, might be worth a million dollars after I die. Who knows.
This is the only company I have ever mentioned here. Well maybe there was talk in another thread a couple years ago where I said I had SWN a great energy company when it was under a dollar and sold it after years and it presently is at $7.38.
Anyway, you guys can see that I called this when it was at $1.06 per this thread. It went down under a dollar after that and since has reached its 52 week high of $1.53 last week. Why? Because the company CXBMF is buying their own shares at market price on the open market. They are buying over 30 million shares during 2024. The average daily volume of this stock is only a little over 300,000 shares. If you take 30,000,000/52/5=115,384 shares per day with no holidays considered, that will raise the price of the stock. More buying means higher price of stock.
Guaranteed this stock is going over $2 this year. Not even because the company is buying back shares but because the company is an undervalued stock.
Don't buy and you will regret this one.
The beautiful thing about this company is the value. They are profitable and the stock is literally cheap. They have assets, money, and they are growing. So if you bought it and held it, you have a valuable company. This company was profitable when Gold and Silver was in the toilet. Imagine how profitable they will be if Gold actually takes off. But that doesn't matter because they are a good, solid, company.
Honestly I think they could go over $5 over time. It is possible that if I left that 15,000 shares and forgot about it, might be worth a million dollars after I die. Who knows.
This is the only company I have ever mentioned here. Well maybe there was talk in another thread a couple years ago where I said I had SWN a great energy company when it was under a dollar and sold it after years and it presently is at $7.38.
Anyway, you guys can see that I called this when it was at $1.06 per this thread. It went down under a dollar after that and since has reached its 52 week high of $1.53 last week. Why? Because the company CXBMF is buying their own shares at market price on the open market. They are buying over 30 million shares during 2024. The average daily volume of this stock is only a little over 300,000 shares. If you take 30,000,000/52/5=115,384 shares per day with no holidays considered, that will raise the price of the stock. More buying means higher price of stock.
Guaranteed this stock is going over $2 this year. Not even because the company is buying back shares but because the company is an undervalued stock.
Don't buy and you will regret this one.
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So I have calculated and estimated that at $1.60 it will have a new high and pull back afterward to $1.40. I put in an order to sell all but 5000 shares at $1.58. Then when that happens, I will hope to rebuy at $1.42.
We will see.
We will see.
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Prediction stock goes from $1.34 to new 52 week high within 2 weeks. That means to $1.54 or higher.
Prediction if stock bought at 1.34 today could sell at $1.52 within 2 weeks and make 13% in couple weeks.
This is not a hindsight 20/20 scenario.
You snooze you lose!
I wouldn't be happy selling at $1.52 the stock is worth over $3
This if foresight prediction.
Prediction if stock bought at 1.34 today could sell at $1.52 within 2 weeks and make 13% in couple weeks.
This is not a hindsight 20/20 scenario.
You snooze you lose!
I wouldn't be happy selling at $1.52 the stock is worth over $3
This if foresight prediction.
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Not going to edit previous post. Stock up $0.03 since posted. I think it is headed for new high over $1.53
Easy money on a great company that is undervalued and worth more than it can be bought for.
beautiful thing is unlike Tesla it only cost a little over $1 not $165. So throw a few dollars at it. Another thing is when it goes up 10 cents that is huge profit.
Easy money on a great company that is undervalued and worth more than it can be bought for.
beautiful thing is unlike Tesla it only cost a little over $1 not $165. So throw a few dollars at it. Another thing is when it goes up 10 cents that is huge profit.
No.
I do not really invest in stocks anymore.
That is a reason I put money in solar.
This is a stock I have owned for a few years and wouldn't sell because if you research it, it clearly is undervalued.
Seriously a company making $0.24 net profit that was selling for $1. They have cash... Great company.
I also can recognize that Tesla is a good deal around $140 but don't own them.
I used to buy and sell stocks.
Now most of my money is in VFAIX which is a Vanguard fund that mimics the S&P.
But I cashed some of the VFAIX and had money sitting and couldn't ignore the great opportunity on this stock.
Seriously news the other day has a target price of $3.75.
Don't get me wrong I like VFAIX and it has done well but nothing is going to beat CXBMF.
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