CVI 0.00% 0.3¢ cvi energy corporation limited

any more releases , page-10

  1. 15,276 Posts.
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    ironfist...

    You used to brag about selling in the mornings and buying back at midday....how it was "easy money".

    Snacks brags about the same thibg currently.

    This is exactly the sort of activity that encourages the manipulation you are disgusted by. Those exercising such manipulative control can only suceed on the back of the very "trading" you say you took part in.

    For the manipulators, such trading is the fodder that fuels the whole process. They need a constant supply of people prepared to sell at any price with the view they can buy back in cheaper.

    Doesn't work in tight stocks...period!

    Look at the trading history in CVI...every single time the churn stops (volumes reduce), the price rises...every single time.

    This works because CVI is genuinely cheap...but also fundamentally rather grey in many ways.

    By exerting considerable force they can sell the stock down, flushinbg the retail traders in the process...then when the process becomes more difficult, (ie, too much buying resistance), they simply remove the breaks and up she goes on her own steam...almost no effort required to help it up.

    As I said, this wroks because people are happy to let their stock out within seconds of buying it...or worse, whack the selling sriaght on after a buy, further aiding the manipulators in their efforts.

    I keep saying, some of these people( I call them dweebs)really are their own worst enemies!

    Anyway, it is for these reasons I am not trading her, buying a few when I can from profits elsewhere...and on ocassion, letting a few go if I have bills to pay, just as I do with all my other stocks.

    But "trading" I am not...I can only hope in time others also see the light?

    Cheers!
 
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