CVN 1.61% 15.8¢ carnarvon energy limited

By the sounds of it on here you have to be a geologist to be an...

  1. 5,696 Posts.
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    By the sounds of it on here you have to be a geologist to be an investor in CVN, because any other commentary isn't welcome. Lord help the simple investors who believe in those conmen broker reports predicting 80c and more. What I have learnt is you never buy CVN anywhere close to the 200 day MA because it spends most of it's time well below it. And when it does get anywhere near it you sell the bejesus out of it. Which probably means it's not going to get to the heady days of mid 09 any time soon.
 
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