CVN 2.94% 16.5¢ carnarvon energy limited

Merry Xmas, page-24

  1. 300 Posts.
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    You may be right but in the last few sales I nearly have my original stake back and I am still way ahead.


    1.   I've been in this stock over 15 years and have been topping up fairly regularly.

    My avge pp is 17.2c and in retrospect I foolishly resisted pressure to sell at 62c earlier this year.

    Time to take some money off the table to use on a sunny day.


    2.   The other more pressing force is that I believe most international markets are in retreat with all signs negative at the moment [Trump/ inflation/China/Brexit/fuel price/ 2018 xmas rush absent/ etc].  


    Is there any light at the end of the tunnel?


       My opinion is unless we see a significant market reversal in the next few weeks we will be in a bear market for sure!


    Remember this is my personal opinion.


    It may not be the only time I withdrew funds and sat on the sideline to witness a number of false starts and then miss the big one.   But I still had a reasonable stake to reinvent myself at a later date.


    Please please DYOR


    good luck to all in the coming festive season


    Muddy







 
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