This applies to all speculative stocks - you should never buy and hold. Not for any of them. They should only ever be traded on a short term time frame. 99.9% of spec stocks go up hard at some point in their lifespan, and they might even do this a few times, but the rise is almost always followed by a hard fall. Have a look through the history of thousands of ASX spec stocks. Only once in a lifetime will a spec stock go on to great heights, despite all the praise that is thrown at them on forums like this.
One of one thousand such examples: LYC in 2011. Go back and search this forum and look at all the praise and ramping and BS that people go on with. Spec stocks should never ever be held long term.
- Forums
- ASX - By Stock
- CVN
- Finder Exploration
Finder Exploration, page-43
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CVN (ASX) to my watchlist
|
|||||
Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $286.2M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 15.5¢ | $143.0K | 897.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 147063 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 795942 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 147063 | 0.155 |
16 | 634523 | 0.150 |
15 | 323955 | 0.145 |
1 | 330000 | 0.140 |
3 | 457005 | 0.135 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 137445 | 3 |
0.165 | 219060 | 5 |
0.170 | 1692192 | 16 |
0.175 | 1417421 | 13 |
0.180 | 1219701 | 11 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
CVN (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online