Been buying CSV for past 7 months and averaging down from above...

  1. DSD
    15,975 Posts.
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    Been buying CSV for past 7 months and averaging down from above $1.60. It's been a consistent slide in SP despite ffr divs being paid and management sticking with forecasts albeit with a strong bias towards 2hFY11. SP went below 1.00 a few days ago after vols spiked above 2 million. Today buying appears strong and SP gained rapidly after open to be 13c above the bottom of only a week ago.

    Has sentiment finally turned for CSV?? Too early to tell but i certainly hope it has. My biggest long position after WOW. Some HC readers bought below $1.00 mark. Could prove extremely profitable over next 6 months. My lowest purchase was at 1.025.

    Be very apprciative if a chartist or 2 posted on CSV thread to suppliment commentary re fundamentals/business updates.
 
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