Bacchus I am basically a punter. I have refrained from entering in serious debate. Firstly because I feel very comfortable with a number of posters here that have provided exceptionally good research.
Secondly I spent over 10,000 hours researching Erg and it all amounted to nothing. No matter how much you think you know unless you are inside the head of the CEO or CFO you are basically guessing. I am talking about CEO's that are on the outside. Not well credentialled CEO's. CEO's with a track record.
Spec stocks are exactly that. To be honest my head says no here. But I'd like to think CVI will be the exception. I have not made contact with MS or anyone associated with the company but I have had numerous discussions with like minded people in the industry. The feedback has been negative. I am sure I have mentioned that previously.
I entered at .08c and have held. Accepted the options. Have not traded period.
I have made and lost a fortune previously. That is ofcourse relevant only to myself. I know what it is like to lose everything and literally start from scratch. Chris Murphy for example now knows that reality.Madmacs just recently also. I have no sympathy for either. It is funny how the wheel turns. One thing I have learnt, ditch the ego.There is no place for ego. I remember making 15k one week and berating myself. What a loser I was, everyone was making a killing except me.It is easy to lose perspective.Chris is now facing a new reality. He obviously never thought he could or would lose everything. Neither did I.That is the beauty of punting. But at the end of the day it is only numbers. Numbers on a sheet that have no real significance. The only thing that has significance is the quality of your life. The rest is a diversion.
So for me it is an easy decision to make. We all die broke Bacchus. So in a nutshell the only risk is not taking a risk at all.
cheers, walt.
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
