Funny timing, i just sent an email to someone saying i will not post on CVI unless asked a specific question. I have said my peice over and over and see that i may cause bad blood with people i do like.
Stocktoe;
Will i trade CVI ? No, not anymore i dont think. Too early to tell anyway and in the immediate future i do not have the time due to O/S commitments.
Would take alot for CVI to become "marketable" again unkless Egan takes the reigns and CVI becomes a Copper ONLY play in which event i would call it a hold/buy if there where rigs, personnel and a 100% transperant plan.
If the refinery EGM deal goes through it is a shot duck.
Last weeks volume surge gave me huge warning bells for the fact that it was way out of the ordinary, as was today.
What i think happened today was people held on to losses for months waiting and hoping that CVI would deliver on onshore offshore etc. When it did not happen people cut their losses finally and are done with it imo.
Long answer to a short question. Sorry
What about you Stocktoe ?
CVI Price at posting:
2.8¢ Sentiment: Sell Disclosure: Not Held