I think you're a very "brave" investor. I would not personally pay half that as I think CVT is an acronym for has Completely Violated Trust.
I can't trust a single thing management forecast and I think they have even less forward business visibility than Tegal and that's really saying something !!!!!
Why anyone would pay a PE of more than 15 ($3) for this stock is completely beyond me.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
I think you're a very "brave" investor. I would not personally pay half that as I think CVT is an acronym for has Completely Violated Trust.
I can't trust a single thing management forecast and I think they have even less forward business visibility than Tegal and that's really saying something !!!!!
Why anyone would pay a PE of more than 15 ($3) for this stock is completely beyond me.
Too coincidental that CVT chooses to announce a potential takeover on the same day they had to announce a massive profit downgrade - case of trying to hold the sp up?
Anyone buying now or holding better hope a takeover offer eventuates!
Bookmarks