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Registered User
Joined: 12/2/2004
Posts: 1,775
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just barely, and I for one will not jump in suddenly. Wait and watch today and see if volume is there and if it will close above 9. Old high of 10 might brake it if decides to run from here, but not a bad gain if entered.
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Registered User
Joined: 12/2/2004
Posts: 37
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Yesterday, CVO stated they had received "expression of interest" from anonymous suitor at $9.00 / share. Price soars to $9.50 today. Is there some speculation in the price about the reputed "interest"? Below is summary of how CVO stacks up in the industry. Not much to write home about. IMO: lock in any gains with very tight trail stop, or hard stop at $9.00 "interest" price. Jumped on the "rumor". Sell on the "news"?
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CVO VS. INDUSTRY LEADERS
Statistic Industry Leader CVO CVO Rank
Market Capitalization KMB 29.53B 481.98M 24 / 36
P/E Ratio (ttm) CSAR 197.50 N/A N/A
PEG Ratio (ttm, 5 yr expected) GLT 149.50 N/A N/A
Revenue Growth (Qtrly YoY) MERCS 1.58% 0.03% 25 / 36
EPS Growth (Qtrly YoY) BKI 5.11% 4.02% 2 / 36
Long-Term Growth Rate (5 yr) SEO 42.9% N/A N/A
Return on Equity (ttm) BNL 26.97% -94.28% 33 / 36
Long-Term Debt/Equity (mrq) CVO 27.904 - 1 / 36
Dividend Yield (annual) UPM 5.02% N/A N/A
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Registered User
Joined: 12/2/2004
Posts: 37
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PS> MG325 Industry group is uninspiring. Down over 15% from start of year. And, daily decline for overall group today (below 50DMA). CVO's price performance certainly not related to any fundamentals of self or industry group. How much higher can their rumor push this stock?
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Registered User
Joined: 10/7/2004
Posts: 2,126
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I offered my obsevartions on CVO over a while ago. It may have been about 4 month ago I do not remember, but if CVO breaks that April High then you may stay focus on this one because it has potential to push up.
ROC as well as TSV have a negative divergence of alarming concern.
But I have seen it happen over, and over. It may still pull up and drag the ROC, TSv, and the whole house along in the way.
I huge gap that hasn't been filled in over 4 month should tell you that it has to do with something else than rumors.
good luck
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Registered User
Joined: 10/7/2004
Posts: 2,126
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Just in case nobody noticed here. The potencial developed and yes it dragged everything there was to drag along with it.
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