CVI 0.00% 0.3¢ cvi energy corporation limited

musical chairs..., page-15

  1. 2,656 Posts.
    T4P;

    There lies the quandry. Success as a trader ultimatly comes out of your endurance in the market. You have been successful for what i can gather, a decade or more.

    I know for a fact that i would not have held from 7c to 39c then back down to 15c without taking a profit. And as your name suggests i am sure you have from both the heads and oppies.

    The dweebs will lose their $ and continue to feed the market makers (insto's). They are feeding me, and i am a nobody, but i have foresight.

    However, had i been at home when the entire market took a nose dive i would have protected my investment and sold out at 21.5c. Why ? Because those are my trading rules. No matter how good the Fundamentals, $hit happens. Had i done this i would have almost doubled my holding. No net gain you say, well im still down 40% on CVI.

    I have had to buy more and will do so until block release ann as an alternative strategy.

    I am not alone, mickkelly, said he would have done the same in retrospect. He is also a top20 from memory.

    CVI still has a bit to go, and when it is ready to launch, it will regardless of the dweebs, as the big boys would have had their fill at the lower levels as they have done so far. I agree with you that the SP will rocket on low volume. I believe it will move quickest past 40 odd cents. Once those who have been down so long get their $'s back.

    You are well respected T4P, dont drop the ball. I could only wish to be a top 20 holder in CVI.

    Kindest Regards

    Bacchus

 
watchlist Created with Sketch. Add CVI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.