TSXV:CVI.P - Post by User
Comment by
fabdaqon Apr 06, 2007 2:21pm
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Post# 12562258
RE: BEFORE THE TRAIN LEAVES
RE: BEFORE THE TRAIN LEAVESI have mentioned several times and have been part of three takeovers last year which saw the takeout price below the stox year high (which was frustrating. I still have my initial investment wrapped up in cvi but it is frustrating watching it lag. With my junior money I am becoming more aggressive and moving it around more. I think it was about last sept when I felt the metals would take off and its been quite a ride. My thinking now is why watch and wait, PARTICIPATE where u know money is moving. My thinking is to time the high in the metals (not necessarily the peak) and then take money off that table and back into cvi in a huge way -BUT will cvi still b there for me? Also my two largest holdings which I've never touched (and thank god they are starting to move) in light of my new PARTICIPATE thinking are pca and tlm. The big oil prices are starting to move up which means them taking out a cvi (big oil not pca or tlm) is cheaper for them. It is a dilemma but the market seems to really have changed. Things move so quickly now. It's almost like there is too much information out there and the reactions are quick and fast and its hard to keep up. Here's to cvi sticking around a while and hoping it moves up in price GLTA!!