It's great to see all the euphoria going around the HC rooms atm....but..ppl let's keep our feet on the ground and keep focused as it is pretty early stage of the game still....
I do understand the long termers frustrations and the ones that saw their investiment be reduced to nothing...it's always great to see the smile back or better, the confidence coming back....
But, we must keep focused here for the bigger picture......I've bought in just in the last stage of this saga....and my only purpose on this purchase is to make moeny like all of you....
My dream ? lol My dream is to hunt and find my next FMG.....lol :)))))
There is a 90% probablility that we will not see another FMG for another decade....those 2004/2005 were a gem...and I must admit....:))... I know I know...it's a totally different ball game nowdays , 2008 and ESPECIALLY on our current economy.....
But, if you think Smart Money is not entering the stock with confidence think twice....this is an extremely important signal IMHO..... They've been doing it slowly and for a while now..... I really think people do not realise it until a spike already is taking place.....oh well....that's the game and we want less players as possible jumping onboard at times when a combination of down trend, market confidence and weak hands cross each other....
There is space for everyone on this game and right now, it is only an indication that we are preparing for the real run yet to be realised.....many here have already called a party or a success..... hummmmm only 2 days of good old run BUT,,,, 39 trading days of the 4th step down bearish trend....maybe we really should keep focused and our feet on the ground before call it victory especially on early stages.....
There is an rare opportunity here....and many are taking the chance in review their positions, make an entry or take their way out thru these 2 day run or the potential of a continuation of a run making it possible for an exit. We all know that once a stock falls sharply like CityView did, the goals are to exit on a better level and many would not even think about make a profit on the stock anymore...they just want to get out on lesser loss.
I have no opinion for tomorrow's trade.....Looking at the chart quiickly, it shows pretty toppy IMO...and as I've stated earlier today....I thought this run was a bit too much.....we all know what can happen on too strong runs....and I hope we are wrong here....BUT, I also don;t think we are going to give this run away either....
I hope to see a consolidation somewhere before the next leg up......
Once some of the news and a combination of business deals comes to the table and the Instos take it to their fast fingers room.....the games will start....
I think the most important thing atm is to support the company and believe that it can successed before anything....we DO NOT want to see a rise and after that the 5th step down on this trend.....
I have not call it yet a break on the downtrend like many here....and will not ramp the stock either....I am only contributing with what I know, my believes and on what I can say atm.....
Good luck to all :)
ps: we need also a big run on the DOW to test our market confidence.....
cheers
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held