I've been watching Cable Design for about 6 months. I first read about in Gene Walden's "100 Best Stocks to Own Under $20". I bought CDT this morning as the price was declining. I read about the multi-million dollar deal with an undisclosed internet company that provides local and long distance phone service in the U.S. and Canada. CDT will purportedly supply fiber optic cable to them. I thought this to be the opening for CDT to make a reasonable appreciation run. Does anyone else agree?I'm looking to set a sell limit though, what sounds reasonable? $30? $25?
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