Hi gosouthI was the one who put CNX up on that thread. No-one...

Hi gosouth

I was the one who put CNX up on that thread. No-one more surprised than me that it spiked like that. For the record I am holding a long term position in CNX but I also actively trade. I have taken my profit on the trading parcel and moved on to something else. However I am maintaining my long term holding and I am in the process of building that position [over time]

Who knows what the price will do ... I don't know. But the current SP is now ridiculous given that CNX has solved all of its medium term money problems. The shareprice could/should easily be 10 times the current level.

Once again, for the record and if anybody is interested, below is the link to my original post on the short term trading thread.

Cheers

http://hotcopper.com.au/post_single.asp?fid=303&tid=2107589&msgid=12409857#.Ul7TqH_hdgg