TSXV:CVI.P - Post by User
Comment by
fabdaqon Mar 09, 2006 5:12am
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Post# 10487496
RE: yes. francon, re bids, eom
RE: yes. francon, re bids, eomi agree franc's insights are positive. As I mentioned previously the storm clouds for oil are getting closer (too much inventory). Oiljacks long terms view are also correct regarding cvi as it is a growth play and shouldn't suffer like the big boys do. Franc's posts keep us positive especially seeing the ubs buying. Lets all be honest if it wasnt for ubs S&P's targets may have been realized in that they are doing most of the buying and as chgo pointed out how many actual trades account for the volume. If it wasn't for the institutional buying this stock would have started declining and many (of us) would have sold off on the downturn taking some profits. If I'm wrong let me know and a good indication of me being wrong would be the fact of buying over $6. Has anyone bought over $6 - I know I haven't. In the short term this stock is like a poker game and its personal preference whether u take some profit now or hold for long term success. If it wasn't for some posts here and the ubs buying I would have taken more profits. Good luck to all.