Not sure @Solvetheriddle but it feels to me like someone knows something. If not, then that is some seriously undisciplined buying and selling over the past couple of weeks.

Anyway, I think it highlights an interesting thought, which is the danger of buying these seemingly unjustified sharp drops. Most of the time it will be nothing and turn out to be a good buy, but the assymetry of when there is actually a skeleton means you only need to get caught out once for every handful of times it turns out to be nothing.

I was tempted yesterday at $2 but steered clear in the end after think about the above.

I had been buying CGS for the last couple of weeks, so I must admit when I saw Matt Joass name as his pick in the strawman meeting last week I had a moment of panic and FOMO and promptly bought up the remaining shares I wanted to get. haha

Not much to add to what Matt said and If you didn’t catch it, I recommend you go back and have a look at the strawman meeting when he outlays his thoughts.

Some people like to buy under the radar or unloved stocks and patiently wait, I prefer to look for the perfect storm. CGS might just be that as it appears to have all the necessary ingredients. Clearly the fundamentals of the company are good when you see the quality of investors it has attracted. But it also has a great story to tell, a story that could excite the general market and punters which can act like pouring gasoline on a fire. I mean cognitive brain science for Alzheimer’s sounds a little more exciting than selling storage space or farming almonds.

Not sure how to attach a chart to my straw, but if you have a look you’ll see that it is breaking out right now and looks fantastic.

Good fundamentals, A great story to tell and breaking out of a consolidation pattern on the chart. All the ingredients I look for and this appears like the perfect entry. I would not be surprised to see this stock go on a serious run from right here.