CVI 0.00% 0.3¢ cvi energy corporation limited

raks and trade...two of the best, page-4

  1. 15,276 Posts.
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    dobro...

    And I think that is the point...we all "discover" a stock at different times, so unless you were the founding shareholders, we are all John come lately types, with no more "ownership" rights than the next person.

    This also underlines the apprehension some feel about entering a stock that others have bought much lower...they feel there will be selling due to those in profit, without giving due regard to the nature of the activities surrounding the stock.

    In my view, current prices are still very cheap...but clearly not us cheap as they were at 7c. Interestingly though, we had less information to run with back at 7c, so whilst the price has increased, so too have the companies prospects, effectively maintaining the same value discount on the current price.

    Study virtually any stock that has taken off in a big way and there will be many stories from those who did not bother to look more closely...and perhaps held rather than selling.

    I know I have many such stories...PDN from sub 3c (700K shares) was my worst. Most were sold in the 14-17c range (memory?), with the rest gradually fed out till they were all gone by about 50c-60c.

    lol...wont be doing that again!

    Cheers!
 
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