You make it sound like CVI is never going to let the stock run more then a few pennies,which means that the warrants they have will never be worth anything. Don`t count on that at all,because the warrants are worth over 20 million at 1.50,and the higher the stock runs the more likely they`ll exercise them, and sell the shares,as they short it as well. Whatever they`re doing now is because the company is silent,and it seems that they`re working on a Head and Neck deal. How long will it take to come to fruition? Who knows,but obviously CVI felt they had some time to play the trading game in the meantime. I would never try and trade this tight little penny spread range,for profit. It`s like playing Russian Roulette with whatever money you have left after all that`s happened to shareholders, and their investment already. HOLD,or add,,or take the loss and move on,,those are the choices. I`ve added plenty,and now I`ll just hold and wait for news. GLTAL.
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