TSXV:CVI.P - Post by User
Comment by
slamdanceon Sep 02, 2006 10:42am
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Post# 11310397
RE: What do investors forsee? (Deamer)
RE: What do investors forsee? (Deamer)Dreamer - I alway emjoy your posts and respect your insights. However, on oil price effects on CVI.a SP, I must respectfully disagree. First off - I do agree that short-term oil prices should NOT affect the SP, but that is based on being rational and assuming that the SP will act accordingly. We are now coming into shoulder season and as you know - Sept & Oct are not good to the stock market generally. I think it all comes down to negative market psychology over the next while. Therefore, I am holding off on doubling up on CVI.a until I can get it at a lower price. Second off - I don't think it will get away in the short term. However, it could blip on a finalized pieline deal with the government. If so, I will lighten up. JMHO