CVI 0.00% 0.3¢ cvi energy corporation limited

cvi looking forward.... the past is the past

  1. 5,426 Posts.
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    Hi Guys, my first post on HC…. Quick brief about me, I’m a full time day trader on the ASX…. 90% of the time I don’t stay in a stock longer then a week, have designed my on system that seems to be working… I’m the type of guy that will say it as it is, I respect everyone, even if I don’t agree with them, find no use is schoolish sarcasm and bulling, personally think that shows flaws in ones character… belittling others so as to puff ones self up…. Hope to enjoy my time here and meet some cool like-minded traders….

    Any way to the subject at hand, CVI, I have played with this one of late a few times, been in and out at least 3 times making small profits, have decided to jump back on board for the 4th time as the chart looks good to me… However I’m under the impression from a majority of posts on CVI that many of you are angry and have hatred towards the company. With my understanding of what I have read I fully understand your anguish.. Though putting all things aside, the way I trade CVI looks like an awesome opportunity for another small run of late… chart is showing an uptrend since 20/11/2008, actually it has been in a parallel uptrend cept for the breakout on the 7/1/09, in which it followed by a retrace to the bottom of the parallel chart again and continued upward yet again… the Volume is up and support seems to be holding of late…

    So besides the hatred towards MS and CVI, is there any reason that this company wont survive, surely the resources and the opportunity that is before them may see them prosper in the future, do you guys really see all doom and gloom for CVI, or is it because you yourself have been burned by the company through the fall in the SP…

    Are there any hopeful holders here at all???

    Seems to me allot of big buyers of late, plus another large substantial holder on board of late, lets face it if you were going to buy 90million shares wouldn’t you have some sort of hope for the company?….

    The Recent relationship settlement with Pensador would seem positive IMO.. Angola Diamond Holdings LTD should add some decent wealth to CVI in the not to distant future…

    The only downside Im seeing is the over all market sentiment, looks like we are about to fall of a cliff again….

    Any way just a few positive thoughts out as I don’t see it all doom and gloom for CVI if one was to enter at this point… quick 30-50% gain may be on the cards if entry is correct, again depending on the DOW etc etc..

    Regards
    Drew
 
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