CVN 0.00% 14.5¢ carnarvon energy limited

You ask the question: When we all watched the hype building...

  1. 602 Posts.
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    You ask the question:

    When we all watched the hype building many, including this poster queried why the punters were behaving this way, therein already lay the Answer.

    Some of us, including this poster decided to take profits or become free carried including this poster.

    Did leave the free carried to do just that, and simply left the scene for 14 days only to find the really big profits had come and gone when I got back.

    So...what to make of things right now?

    * Disregarding all past announcement driven share price rises, this one drove the SP the highest for 10 years, fuelled by quite mindless expectations of novice punters, and quite possibly some big money who had seen it all before and simply cashed in.

    * Experienced got out, punters panicked, the rest is history

    * Two gaps exist, 39-34, and 25 to 18.

    * So what now, given the actual facts.

    * Suggest all talk of another Cap Raising will subside and the good news will sink in.

    * By the time the AGM rolls around the actual facts and Company directions will become clearer, as forward plans are unrolled and digested.

    * So, suggest we all calm down and enjoy the undeniably good news story, hopefully free of mindless volume turnover.

    Still have a smaller investment holding.

    Please understand, once again all IMHO.
 
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