musical chairs..., page-26

T4P

I've noted you've made the following similar comment several times over the past month in relation to buying more back at lower prices:

"how good am I, I now have more shares than before...ignoring the fact entirely the value of their holdings are significantly less than before, in spite of the extra shares...Strange logic".

Firstly they have limited a loss on this holding and secondly most here would be able to offset other losses from the past month. Therefore why are they now not in a better after tax even if treating it as expense(trader) or capital loss(investor) and hold for the expected sp appreciation?

Not sure if I've missed the point but I'd suggest many others would have also so if you could please provide us with a 101 in portfolio mgt?

Also I'd seek feedback on how I recently described CVI to other people that like to follow similar stocks I that a holding in. I simply suggested CVI was a first mover into 3 Angolan projects oil, cu/au and diamonds. Massive risk (eg land mines) that correlates with the massive potential reward. On the risk scale I'd suggest CVI makes coys like MWE look 50% more conservative.