I have never been impressed by CVI. All along everything looked far too unclear for my liking, set against the backdrop of a consistently worsening financial situation. (Jim Sinclair was spot on here.)
But from what I could gather if you posted anything other than CVI was the next best thing since sliced bread then you became a downramper and your integrity was questioned:
I posted the following on 15th. January:
re: does everyone feel better... Code: CVI - CITYVIEW CORPORATION LIMITED ( 1.7c | Post: 2460097 Reply to: #2460045 from angry Views: 720 Posted: 15/01/08 17:45 Sentiment: None Disclosure: No Stock Held
Who dares present the wrong view here? Is courage needed when you might be on the receiving end of verbal attacks like the following:
As an example: "I don't think I have ever read so much self-indulgent rubbish from clearly self-obsessed, low integrity rabble, as I have just now...."
CVI 24c. Down 2.5c.
For what it's worth technically CVI is still not looking overly flash.
MACD has made a negative cross over downtrending below zero.
RSI is trending down below 50.
The 10 and 20 days moving averages are trending gently down with the 10 days close to making a negative cross over on the way down.
So why did CVI fall? Why wasn't the market impressed by CVI's fund raising?
CVI Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
