CVI is a speccie still not a producer. When oil rises it is no benefit to CVI .....yet.
but rising oil prices brings higher inflation, lower economic growth, more defaults etc. the specs wear it the worst when the market falls.
However when the market comes good again the money on the sidelines usually flies straight into the quality blue chips....and when in time they have been returned to fair value then the market revisits the speccies. Dunno if this market bounce will get that far....shame really I thought CVI looked set for a good day. CVI will have to do things the old fashion way......some good news flows.
- Forums
- ASX - By Stock
- CVI
- wow stacks lined up for sale
wow stacks lined up for sale, page-12
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)