CVN 0.00% 16.0¢ carnarvon energy limited

thailand troubles, page-13

  1. 13,963 Posts.
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    Thailand is a regional power, this is a border skirmish 500 km away. poo effecting sentiment much more.

    Not sure whether we"ll go below 25, but can't see it rocketting for a while, so not rushing to top back up, simply been burnt too many times on trying to buy various stocks cheap in this market.

    I simply need one of my current stocks to substantially outperform before I have confidence to increase my net exposure to Mr Market.

    Still a very scary world, although I actually believe CVNs profit outlook is very sound. The current game is not about profits though is it, it is about a very deep recession, about cash, and capital preservation.

    EL
 
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