Why is CVI’s SP going up? Sort-of 50% with strong orders in recent days. I don’t think it’s happened due to the general market conditions. This company has proved nothing aside from its ability to place shares and evaporate the proceeds.
- Snacks reckons Raks doesn’t have the numbers - MS is still bellowing out unsubstantiated hot-air. - CVI is wearing out the Laser printer, printing new 1.25c shares and hopes to have enough toner in the printer to complete a wacking load of them prior to month’s end. (No doubt to be held for the EGM, then dumped).
In light of the above, the SP performance is nothing short of extraordinary IMO. Sure, momentum traders are some of it, but the foundation of the rise is mystifying. There is a reason, but what is it?
S
CVI Price at posting:
1.4¢ Sentiment: None Disclosure: Not Held