I see that there are some of you that want the stock to go down to get a cheaper re entry and some that are awaiting a large rebound.
Personally I have bought re entered this stock over the past 2 weeks or so and I am extremely happy with the value for my dollar.
At this present time I see CVI as significantly valued below the fundamental value I place on it.
Recent buyers have been fortunate to get in at such a low price due to all the reasons we all know. We have all seen significant rises in share prices in other stocks once these types of reasons are finished with, which could be any day now.
Whether it goes up or down tomorrow i don't really care but the one thing I like is that the gradient of the simple moving average lines < month has turned and that is always a great sign for me.
CVI Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
