COLO heading 400...

WildBear · 1 COLO heading 400... Fri Aug 26, 2011 12:01 pm

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What news on COLO

cse_investor · 2 Re: COLO heading 400... Fri Aug 26, 2011 12:20 pm

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It's just another play, like so many others. Don't be surprised if this keep on having very green days in regular intervals. Contrary to other shares, a price range of 500-600 would be backed and justified by their performance (revenue +1300%, profit +450%).

WildBear · 3 Re: COLO heading 400... Fri Aug 26, 2011 12:51 pm

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400 Barrier broken, This time it is heading to a new hight Very Happy

RockStock · 4 Re: COLO heading 400... Fri Aug 26, 2011 1:11 pm

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Now COLO worth at least 500. This rally is a well deserved one.

Has_90 · 5 Re: COLO heading 400... Fri Aug 26, 2011 5:53 pm

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RockStock wrote:Now COLO worth at least 500. This rally is a well deserved one.

Will it reach 500 on Monday ? I bought COLO @ 408. Exclamation

WildBear · 6 Re: COLO heading 400... Fri Aug 26, 2011 6:13 pm

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Has_90 wrote:

RockStock wrote:Now COLO worth at least 500. This rally is a well deserved one.

Will it reach 500 on Monday ? I bought COLO @ 408.

"Value of a Stock" and "Market price of a stock" are two different entities, In a rational market they associated closely Wink

RockStock · 7 Re: COLO heading 400... Fri Aug 26, 2011 6:17 pm

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WildBear wrote:

Has_90 wrote:

RockStock wrote:Now COLO worth at least 500. This rally is a well deserved one.

Will it reach 500 on Monday ? I bought COLO @ 408.

"Value of a Stock" and "Market price of a stock" are two different entities, In a rational market they associated closely

Exactly, It is worth more than 500 doesn't necessarily mean it will definitely trade at that price.There are plenty of stocks which are worth more than the price we pay and vice verse.

cse_investor · 8 Re: COLO heading 400... Sat Aug 27, 2011 3:14 pm

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Several HNWIs are involved in the current bull run, many have bought after CFLB bought back a 12.5% stake in COLO. 410 is not the end of it, by a mile. Rumors has it the goal is to push it to at least 500 in the short run, 600-700 after that, then announce a split.

@Has_90

I don't think you have much to worry about. Just make sure you have a clear cut exit strategy and stick to it, no matter what happens. COLO might open red on Monday as profit taking takes place, but it should stand higher than it does now before the week is over.

arun2267 · 9 Re: COLO heading 400... Sun Aug 28, 2011 5:36 pm

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rockstock, u r right. there r many shares worth more than current price. but looks like many big fish r buying colo the last week, they will make sure it goes higher.