CVN 0.00% 16.5¢ carnarvon energy limited

To Hold or Fold, page-134

  1. 12,053 Posts.
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    Hi aclemence,
    Do you still have that buy order in place?
    I have a feeling its going to get hit unless the sector has a dramatic change in sentiment.

    I think CVN has very deep value, but... even with my very minimal charting abilities, if $0.30 is broken... well, I would be very interested if there are any strong T/A posters hanging around the CVN threads.

    Stocks like STX and WGO with their huge recent successes are seeing the SPs fall well below their highs (50%+). They do have less capital than CVN, but I feel they are fairly good comparison stocks.

    I guess more patience is required after reading the recent newsletter update.
 
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