CVI cvi energy corporation limited

we may now who martis is, page-10

  1. 15,276 Posts.
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    Judging by my holdings...

    The Top 20 list was current when it was posted to their web site...that makes it about a week old now.

    Too much concern about things that don't matter folks...still playing games over half point moves...the same games that were being played at 10c.

    Nice to gain a few points on the swings...but we are really not seeing anywhere near enough volatility to justify the effort.

    Further, the leverage benefit of a successful trade at 20c is half what it was at 10c...and this will only reduce further as the stock rises from here.

    The real benefits of trading this were 2c either side of 10c...since then, the swings (both intra-day and daily), have not been enough to make a trade woth while.

    You might grab 5% here, or 2% there...but one announcement with you on the wrong side of the fence will result in a 20% hit, pretty much undoing all the good work from chipping at the edges.

    In stocks like this, you can often make much more by actually doing nothing...or better still, go fishing...than to sit and "work" the buggery out of your stock for the same basic or even lower basic return.

    I know what I would rather be doing.

    Cheers!
 
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