CVN 0.00% 15.5¢ carnarvon energy limited

a well executed raid, page-24

  1. 185 Posts.
    Holding steady on a very bleak day.
    For the short termers, there's no doubt that your margin will be lost or won by the next announcement. I think we would all agree that there's been a rapid 'general' recovery since the dark days of late last year, and perhaps with too little sound economic principles to justify it.
    I for one would love to see CVN smash through $1 on the next announcement. If it's not to be, I won't make the same mistake i did back in the first half of last year when I should have sold in the 70 cent range. Has taken another year to break this barrier and as a buyer a 13c, that'll do me. I think a 'general' market retrace may be just around the corner. The signs over the last week certainly suggest it.
    R/Effay
 
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