CVN 0.00% 16.0¢ carnarvon energy limited

Chewy,Yeah got the first 35% off far too low, regreted it almost...

  1. 13,988 Posts.
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    Chewy,

    Yeah got the first 35% off far too low, regreted it almost immediately. Fought instinct hard to actually sell the rest at slightly more than double. Selling at plus and minus 40 was a mistake, I regretted almost immediately, but overall market nerves caused me to unload some of my rebound from the dismal Dec lows of my portfolio.

    I really think CVN is in for a lot of choppy sideways movement until there's more tangible happening wrt permits other than the POE JV. Was wrong at 40, right in the 20's, right in the 80's.

    I probably need to screen the oil space again for a shortlist of promising oilers, but will keep an eye on CVN nevertheless as Ted seems to have good strategy at CVN, as well as having have excellent luck.

    EL
 
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