If CVI get down to building a decent business that looks capable of turning a profit, and if they get it funded in an orderly way (not an endless stream of 3bs) then sure the price could rise for you IMO.
They basically pressed the reset button the other day, so it's wait and see what their plan is, and the devil will be in the detail this time, not just the wide-sweeping grand stories.
CVI seems to have a way of placing new shares to get money and those shares seem to get similtaineously dumped out on market. IMO most of the SP problem stems from that activity. Some call that shorting. I don't.
So I guess you can either wait and see or move on to something you understand and believe in. Good luck.
S
CVI Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
