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I think with CVSI in the $3.00 range and the Farm Bill passes, it will be a shame. Because . . . if it was still in the high $5.00's this would give it a very nice boost. But I think after the FB passes, we will see a bump to the high $4.00's or low $5.00's and then it will fizzle and stew for awhile and go nowhere. I hope I am SO wrong!!!
Just a thought, and maybe I'm wrong.
But . . . perhaps this stock's volume is down because a lot of people might be in the same boat I'm in.
In order for me to buy more of CVSI, I would have to sell some of my other stocks first to have the funds. I have already cashed in a substantial amount for this tax reporting year and if I do more, it will elevate me to a much higher tax bracket. I've already bought my H&R Tax program for 2018 and have entered 'numbers' and determined that when my stock sales are factored into my other income, my farm, and my business, I can't have more than $40,000 of gains or I lose a hefty refund and will pay several thousand more in capital gains tax.
I know that was a long convoluted statement, but basically, I've sold all the stock I can this calendar year and I have to wait until 2019 for anymore activity in this regard. With that said, I believe when money frees up in January by people like me, this stock should see a meteoric investment jump. I just hope I'm right!!!
It did it again! $3.73 and then back to $3.42. Maybe there will be some more positive action today.
While reading these messages, my computer flashed GREEN $3.73 for a brief moment. When I clicked for the next message, it dropped right back to $3.33. Wonder what that brief uptick was all about?
The Etrade post on the lawsuit? BFD!
Any firm can dress up a potential lawsuit to make it look good. Gonna be thrown out as frivolous.
I believe the Feds raised interest rates too quickly. This past year, some of my business and farm loans went from 3 point something percent to now rear 7% !!!!! It's tough when your interest costs double. This HAS to be affecting large corporations and small businesses.
The Feds need to stop talking about another 1/4% increase in December and not only consider dropping that notion, but pulling it BACK another 1/4 to 1/2%. This would immediately boost the economy.
Can someone post that video of Terry making that controversial speech?
Anyone?
Is there a video of this conference or presentation where this Terry fellow did the lousy speaking and cussing job? I'd like to see it.