LOL Signature,
What planet are you from?
- Comodity prices are up.
CVI is not a producer, so this is largely irrelevant, except if commodities are crashing (such as if we were a zinc spec)
- 2 stunning strong ASX/DJI sessions in a row
With a large proportion of specs across the board not recovering the losses they made
- No more Shorting allowed.
CVI was never legally "shorted" in the normal sense of the word
- No more CVI Placement recyclers on the horizon (yet).
Global may or may not still be selling - who knows if Pershing is selling. There has been a great deal of volume over the last week.
- 100s of loyal HC supports and plenty of shareholders.
The company has converted many "loyal shareholders" into traders with a short term outlook, causing further slides when their package of 200,000 shares they bought on credit does not go up in value from one day to the next, requiring them to sell it under T+1 terms.
The share price has been less than stellar. We all know that.
The company either will or will not succeed in what they have told the market they are doing. If they do not succeed (which the market is currently thinking is unlikely) then the current price will look like a good exit point in several months. If they do succeed (which is what those who are holding long term are expecting), then current prices will be seen as a bargain in several months.
Cheers
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