Sunday, July 11, 2021

CDL - This Reminds Me of Singpost

Somehow CDL saga where someone in power decided to buy shitty companies and turn itself from a profitable company into a loss making one.   

It reminds me of Singpost where it was once a great company that pays consistent dividends and someone in power decided to invest in shitty companies in USA and end up being a loss making firm.  

When you are in SHIT hole, it is going to take many years to recover.  Just look at Singpost.

Dec 31 2020

Jan 05 2021

July 07 2021

CDL price action is now trapped in a descending lines.





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