If I may borrow the posting patterns of a certain other...
t4p did not off-load his shares today...in fact he simply "looked away" and did nothing!
Clearly the less than genuine types on here smell blood...which is why they are out in force.
We saw a wide-spread sell-off today, interestingly however, you wil only find the lying group of posters (those who downramp and/or basically post what ever they have to in order to enhance their entry points), targeting the better stocks!
This is because they make money on the recoveries typically seen in such stocks.
When a stock is ignored for such treatment on a bad market day...then you have reason to be worried.
Each and every CVI holder (who has held since this time last week), is still sitting on profits from this time, in spite of wider negative global influence.
Further, our as yet unlisted options are currently worth about 22c when time premiums are taken into account...maybe more?
This is close to 4c of value per share after the 4c entitlement price is subtracted.
Last Wednesday, the adjusted CVI price was about 31.39c...even with today's low close we are above this!
Not sure what people expect. but CVI is performing beatifully in my view...and on the back of the DOW pussy-whipping, is taken the opportunity to consolidate and distribute a few shares from the temporary group, who may otherwise have off-loaded at higher levels.
Anyway, I am happy to hold...and if she falles further, dip into the line of credit to buy some more!
Just be careful of allowing yourselves to be influenced by those with clear agenda, who care for nothing in life it seems other than to lie and cheat in the name of money!
Cheers!
CVI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
