CVI cvi energy corporation limited

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  1. 5,079 Posts.

    now a question, why is CVI trading at 28 and not 98

    now some are saying it is because of stupid holders who buy and sell creating volotility, what rubbish,
    a stock needs vol, without it I would not buy no matter how good it was.

    reasons it is low is because, delay in production/drilling,
    delays in getting permits, of course the longer it takes some will have doubts.

    the places they are mining do not have a history of stability, and not exactly holiday resorts.

    they need US$100 mill to sit at the table, so permits could be expensive, and the need to do placements,
    why buy on market if they can get placements,

    although the company would love to see higher prices.

    players? I don't know, volotility? the DOW is the reason here, but when holders started selling heads to pay for oppies started panic selling.
    Too many have most if not all holdings in this one, so panic sets in, and margin calls makes it worse.

    Margin lending and the DOW causes most of the volotility.

    As for people trading, it makes me laugh when t4p says he supports the stock when it drops, and sells it when it goes to fast, and that is fine

    however if I buy on lows and sell on highs I help create volotility.
    can I ask what is the difference here, and I am sure none of us get it right all the time, I certainly don't,

    If anyone says they do I will never believe them.

    not having a go at anyone here, just saying anyone can trade how they like,

    Having said all that, I am promised things will start happening pretty much now, time to deliver and cash in I hope.

    when these things we are waiting on start to happen the price should rise, at a certain point the experts called brokers will send you alerts telling us about a stock with a great potential and target price, clever these brokers aren't they.

    anyway just my thoughts, I am far from an expert and would not have picked a rise today.
    made a little but would have been better off if I picked a rise today.



 
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Currently unlisted public company.

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