CVN 0.00% 15.5¢ carnarvon energy limited

"To get the S/P back to 69c..." just because it was at 69c a few...

  1. 3,482 Posts.
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    "To get the S/P back to 69c..."

    just because it was at 69c a few weeks back doesn't mean the 69c was justified... (so far!!)

    it's not the benchmark.

    perhaps the 69c was an over reaction... much like the drop to 34c was an over reaction.

    it spiked, it was always going to retrace... in my opinion a trading range between 45c-55c would be fair... 69c is maybe overcooked for right now... and 36c is a joke.

    ahhhh, to have some spare cash lying around right now...
 
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