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Canadian Imperial Venture V.CQV.H


Primary Symbol: CIMVF

Canadian Imperial Venture Corp is engaged in the business of identification and evaluation of assets in Canada.


GREY:CIMVF - Post by User

Bullboard Posts
Comment by turron Dec 29, 2006 6:25am
403 Views
Post# 11931912

RE: Folks....

RE: Folks....Justme5, my sentiments exactly. All this talk about investigations and so on are only a waste of time. Talk about cqv being singled out as something unusual whats been happening, not so. Something illegal, I doubt it very much. If I got 50 million shares i want to sell, someone wants to buy 50 million shares, they buy. Isn't that the way the public market works. The fact that someone doesn't like what's happening is irrelevant. What you need to see is this, (unless you're here for a quick flip which a lot of people are), you mainly invested in CIVC to see what's under under the PaP peninsula. Be unconcerned about the short term trading patterns. If anything, they are showing a growing interest as we get a wide distribution of shares and an accumulation by people who believe in this project and are not selling anytime soon or anywhere near this price. It's all good. This distribution is taking place with very little drop in SP. The seller will eventually stop, the price will go up, and we will all be saying "why didn't we buy more shares at this low price where others are accumulating right now. People who like 40% of GHS, like 12% Shoal point, like 12% of GHN, like the chances at Long Point, like what the company is doing in Alberta, like how well this company has positioned itself. I'll say again, if you are long, be unconcerned about what's been happening with the short term trading. You can b!tch and complain all you want. Believe me, it will change nothing. If you did your dd when you got into this, you can only be happy because,apart from the present sp , things have only gotten better since then for this company. Believe me, the seller has a finite amount that he wants sold. Here's a little story for you. I saw this happen before with a telecom company i had. I bought it when it was restructuring and getting it's house in order but a mutual fund group wanted out, as we speculated then, and found out later, to be true. They started selling at about a couple bucks, if i remember correctly and even though there was good news after good news press releases, they would not stop. Day after day, the selling was relentless. They had 14 million shares and they sold all, driving the price right down to 19 cents. For myself, i believed in the good story, trusted my dd, and bought more at 25 cents. The price began to rise rapidly all the way up to about $1.10 give or take a few cents. (my memory is good but short). They had a reverse split, 1 for 5, and the sp price continued to rise to about $16 bucks when they got involved in a take over and i sold. It doesn't always work out this good, but i'm betting your chances of winning here are much better now then they were when you got in. Good luck all ,be patient........
Bullboard Posts