If the traders are going to run it up today, they could not have...

If the traders are going to run it up today, they could not have a better environment to do so. Sooo much upwards pressure with all the Buyer levels over 1M+ and gaps on the Seller side all the way up to 18c

Even without a trader run, sentiment could get it up too, just need a few of the 12.5-14.5c levels to start taking out the 15c level then it would move up thru 15.5 to 16c pretty quickly.

Fundamentally also, this stock owes us 22c which is where it should have got to last week on the Price Waterhouse announcement. Remember, traders capped it on the ANN day to accumulate shares for the inevitable ramp up.

It is clear that the traders will not pickup any more CVI shares at this level and based on last weeks buying they will need it above 18c to turn a decent profit.

Should be a great afternoon! 99% of my Watchlist is in the Red, CVI is a standout today and will only get better IMHO!