CBUY – Cloudbuy – followup

Quick update on CBUY from Oct 2016. (http://is.gd/nnwRBs) It resumed listing. I viewed its transaction with EFH as a sign that the company way doomed, and viewed the chairman’s buy of £8k as an extremely bearish sign.

This turned out to be an accurate read on the situation. Shares were trading at 13.55p at the time. They are now at 7.25p.

Enough said.


About mcturra2000

Computer programmer living in Scotland.
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