TSXV:CVI.P - Post by User
Post by
Anewtraderon Feb 10, 2008 11:58am
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Post# 14346334
We are all retail investors and mean nothing,
We are all retail investors and mean nothing,Recent trading have been done by retail investors and mean nothing. If UBS or Jenning unzip their position, we will go to 1$ in a week. On the other side if UBS or Jenning increased their position we will fly. The reason is simple... CVI is a low volume stock. The stock can take or loose 10% with only 50000 traded shares for the day.
As long as UBS, Jenning see CVI at a much higher price I'm ok with my holding. These companies have qualified analysts that follow the stock and go on the field. Of course before they will make public their information they will take action (buy or sell).
On a technical perspective we sit on the major uptrend support waiting for the pipeline contrat to be signed.
Again, in a month CVI have to disclose their annual report and the reserves estimate. Since then we only have one thing to do is to wait.