For those of you who were watching CVI in July 07 when midwestern oil were tipping the stock out, a similar scenario occurred to what is happening here. It was like a count down with consecutitve annoucements of change in substantial holdings. Once the last train load of shares were tipped out, (and we could all see when this happened because of the regularity of the dumping) everyone who was anyone loaded up knowing the fire sale was about to end. The next day the price went up 25% and subsequently over the following 4 months climbed up over 600% to the heady days of 38c.
History now but at the rate that Aitco are tipping out here, they should be all gone by next week. Easy Office rentals are already gone. Just in time for the Falcon aquisition announcement.
I'm not saying that this is not going lower (after all the tipping still has some way to go) but I am saying sooner rather than later there will be some serious value to be had which will probably co-incide with the final truck load.
Regards ST
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
