I'm not saying CVI is going down....if I was I would have sold off..... I'm just saying there is a possibility...... would you believed me if I said to you 3 months ago that ST. GEORGE was about to be a goner ? or that MAK or BHP would have such stella runs ? same here..... and to be honest this stock can go either way....ppl need to understand it and not dream only....
so say that your interesting chart will come true....it means we are to drop to around 15c's then before the next run...right ? that's what looks like....and that;s what sort of thing I was saying....but a lil more dramatically.... if you are right it then could run hard and break clean the highs of last year....right ?
So this run will come on what grounds ? and will it be able to break 39's clean or it will break and come down....look at BHP lately....and they are waiting for chinese Iron ore deal here....no mickey mouse CVI we are talking.....
I think there are fases and fases in companies until they prove themselves to the market and to the market....;)
And CVI is a baby atm..... it will take a lot of work to make she does a MAK but it's possible.....
My only fear is that if the US economy does come down HARD some time in the future.....specs like CVI will be another dream in the wind.....but not a BHP.....
cheers
CVI Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held