here come the buyers , page-24

El,

how do you know it is russ/rum with manipulation on CVN?

I am intrigued!!

we have plenty of manipulators in Oz, without rest of world getting in on the act, LOL.

I too am a long term holder & trader with CVN, and I have seen these runups to reports, but this last two/three weeks seems to be different buying selling patterns. I believe CVN has come to the attention of larger traders, with banks and insto's trading.

I am glad that this time around, we haven't had the usual ramping with posting of large volumes of oil gushing etc. That always seems to result in major selloff on reports e.g. buy on rumour sell on fact type of thing.

I believe this baby is worth a lot more that the market is rating it at the moment, as an example, origin energy is rated far more highly by overseas than local, I know it is a gas play, but the valuation is the key. For some reason oz traders seem to have lower price targets?????


Anyway,cvn is more than the next report ;)

cheers

Stevero