from a TA point of view, and if i was looking at the CVI chart for the very first time, i would not be buying now.... (thats purely TA and ignoring all fundamantals)
price is falling, its below most moving averages, today it couldnt hold support at 15cents intraday, the volume spikes in the chart could be seen as accumulation and distribution have already been completed, etc.
there's really not much going for CVI at this particular time chartwise.
fundamentally its a potentially different story... they seem to have the world (or at least Angola) at their feet.
i just wish they'd get their running shoes on, instead of trying to run this barefoot.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held