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CNX Rated a Speculative Buy, page-9

  1. 1,906 Posts.
    Speculatively IMO the only way we would see 3c is if the Qld Gov reply turned out negative, I sincerely doubt that at this time. But each to their own strategy.

    As for 4c, I doubt that also, the T20 aren't selling. Most here have their's tucked away in the bottom draw awaiting a result from all the hard yards CNX has done. There has been some small volume attempts to take it down, but it bounces back at the moment. Could also be just shaking of the tree. IMO if we have to wait the summer break out, then we may see a few points off or not, only time will tell.

    The only way I'd be selling at this time is if I bought under 5c and wanted to make a quick few dollars - less tax of course or play off some tax credits.

    As I said, good luck to your own strategy, but from my perspective, I mean no personal offense when I say, "I hope your disappointed in that." As for my money this is the best speculative bet I have had in a long time with a high COS (Chance Of Success), mostly due to all the hard yards CNX has completed including the ISP. The extra upside is once up and running my expectations are that it will keep improving with time.

    Hmm, I wonder if this means I'm Bullish. The wife of course using another word starting with B.
 
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