Hello,I see that nobody's posted here for a while. I'll throw this out there in the hopes that someone's still around.In theory, this gas crunch will end and the economy will recover. CVTI appears big enough to weather the storm. With those three assumptions made, CVTI becomes a bargain at today's prices in the $13 range?If someone's reading this I'd appreciate your letting me know if my line of thinking is "Foolish"... or just plain dumb. Constructive criticism please.Thanks!
I agree that CVTI is big enough to be a survivor of current troubles, and that size will be a major determinant of survival in trucking. As to buying CVTI in the present 13 range, my broker and I are disagreeing (amiably) about CVTI. He feels CVTI will drop to about 8, the previous bottom, and I don't think it will go that low. About a week after your post the stock is still near 13. IMHO, it isn't going to go up right away (what is?), so you might hold off for a while and see if you can get it for less. I own CVTI and am holding.
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