CVN 5.41% 17.5¢ carnarvon energy limited

a good day tomorrow?, page-6

  1. 13,963 Posts.
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    Gottcha,

    Can't say I would mind if CVN pulled back a little more, before the markets gottcha the renewed story, one last little top up would give me a rounder number for the bottom drawer, I hate two non zero numerals in my long term holdings.

    Imho long term investors don't flood in immediately on events like last weeks news, and existing investors have had ample opportunity for top ups and will therefore only patiently add now.

    This leaves traders, stale bulls, wood ducks and the like who might all be inclined to exit before we (in their minds) drop again. Can't really blame them after the disappointments of the past year.

    I must however say I do believe it is different this time, the the story has turned, and paerhaps Ted has even found his holy grail - WB Deeps. Yet I am reluctant to pay 41, even for a meagre few more, with a gap at 37, and every run fading.

    EL
 
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