TSXV:CVI.P - Post by User
Comment by
fabdaqon Oct 28, 2006 3:06pm
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Post# 11574008
ps on trading this play
ps on trading this playVivian, thats why I say there are good oppurtunities to trade this stock. When I mention trading this thing I will only trade down about a third of what I own thus hedging against a bizarre announcement like a takeover which would ignite the price - its a hedge. Using a perfect model for this stock..............if u timed selling in the 9's and bought back in at low 5's with a third of your portfolio u r basically doubling the amount u sold when u buy back in. I think it's a great formula but as I mention u will never time it rt. Especially with this stock as u mention. I don't like being out of this one for any length of time!! Take care.