Hi all: and "Allanh" - Im glad you held. I am setting up smsf now but it will take up to 10 weeks so I will miss this next rise for that. As far as I am concerned there is little reason for weakness in cvn unless we have a crash eg 3-400 pts - see XJO thread. Compare it to roc which have just done a raising. CVN will NEVER need to do one and still be very profitable when oil drops back to $57 as it was when the last qtr report came out. I predict it will pay a dividend or at least achieve wise owl levels as said. $1.80 within 12 months. After all the technical stuff here eg DMI a day or 2 ago the ADX said it should go down today as it did for roc. & read the caveat about taking short positions until the low that was made when the bar was taken out bla bla..So I guess I need to remember that cash is king & that means so is CVN. Please keep the price down for a few more days at least - you know why.
CVN Price at posting:
72.8¢ Sentiment: ST Buy Disclosure: Held
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