the price waterhouse review, page-133

Whats wrong with RAKS?

I have always liked his level headed posts, I can't recall everyone of them but my poster satisfaction-o-meter gives RAKS a 10/10.

I wish we could drop this thread, it is giving me the sh!tz. I have invested here for a decent return and like most of you am presently underwater. I am going to stay to see if it runs it's course.

I have also got other stocks 10 times the holding of this one that have hardly traded a single share for about 3 months but I am in them because I beleieve in the plan and also as I see them as a takeover target well up on what I paid for them. This is about to come off shortly but I have had to wait patiently.

I recommend that you just decide if you are in or out and if you are in remember what you got in for and wait for that to happen otherise press Sell on your trading screen and go away.

Sick of all the grumbling and probably from some holders who don't actually have that much in CVI anyway.

There is nothing new to learn here, we know everything, why keep re-hashing the same old information.

And if a new poster comes on asking us to explain why are we in CVI or what is Pensador, tell them to go away and do research otherwise we end up here everytime doubting our own investments.

For what it is worth, I invested with a 40c SP in mind, yes I was shocked that she did not hold 22c at the last placement, yes I was shocked she did not get into the 20's on the PWC report. But then if I look at nearly every other similar stock on the ASX they also reacted badly to good news. Ok, so where does this leave my plan? I reckoin we will get some positive news come Tue/Wed and that she will go up and threaten 20c, then eith commence a slow climb or fall back. That's what I beleieve, and this is only for me, it should not be your own forecast, you will need to make up your own plan.

Keep in mind that we are much different times than we were 3 months ago, the dow has lost about 1000 and the jury is out on whether it will continue to fall, oild has gone up to $145 PB, there is talk of an end to the resources boom and influential market analysts are recommending a sell down of resources into banking stocks.

Why would CVI be immune to these negative market conditions? BHP certainly isn't.