Your a level headed poster and back up your arguments so no-one can call you a downramper.
CVI has a definate trading range at present with larger swings moving outside to the extremes of 8 and 10c. 9c being the mid point of what is a definate 7 1/2% safe swing in the daily ranges. 20k on that makes you $1500 per successful trade.
3.4c is not possible at present whilst the speculation still exists. Jack64 has been great in informing us of the account holdings. I dont know what Globals deal is other than generating large volume.
Fundamentaly there are bigger questions, such as how will the refinery be financed, what has happened to JORC, why has the financing for Pensador taken a holiday despite obvious Governement support.
About the gaps, i dont know why CVI has to fill them but it does, and usually in no uncertain terms, so may be a bit of carnage tomorrow. IMO gaps dont need to be filled if fundamnetal value has shifted.
Great to see you hear MaxAction
CVI Price at posting:
9.0¢ Sentiment: Hold Disclosure: Not Held