It is always blue skies with CNX announcements. But if you track the actual happenings and real numbers there is a disparity. Remember the 5 MW power station was announced in 2009 to be operating commercially by that Xmas 2009? Then there is the export of commercial amount of electricity to Ergon in 2011. And the 25 MW study. Etc. etc.
On each of these announcements the share price acted consistently. I have spoken previously of the trading opportunities available in this pattern. This is all technical stuff and it wouldn't matter if it was CNX or BHP. Once you know the pattern there are opportunities for traders.
To offer such insights is not "negative commentary" but it may however be "casting pearl before swine". The astute among you may take advantage of these technical opportunities.
Looking ahead - around 4.9 watch and see.
It is always blue skies with CNX announcements. But if you track...
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