CVI cvi energy corporation limited

It would be nice if CVi could publish a new top20 early next...

  1. 8,157 Posts.
    lightbulb Created with Sketch. 591
    It would be nice if CVi could publish a new top20 early next week after settlement of this week's trading.

    As given the volume the recent sell down was either caused by a major holder desparate to bail out of the register ...unlikely... or someone / some group shorting.

    If it is shorting ...who? Where did they get the stock from? Now while shorting is completely ok here in Europe I think ASX and ASIC frown upon the practice in Australia.

    Either way I am still up on my holdings ...just not as up as I was and I am looking forward to seeing CVI go onto surpass its previous highs.

    After all ...remember AUM/CDU last year ..when shorters close out a position they have to buy everything in sight regardless of price. If we have been victim of a shorting programme this week then just make sure you hold a few before it goes back up.

    EB

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.