Wayne I agree about it all being above board, and I think it is... I guess the point I am trying to make is, you I and some of the other long term followers know Jack Arnold is the type of manager that is not going to quitely sit by and not at least try to do something positive for CVIA... another point I was trying to make is a manager such as him self is one that has allies and others that are cheering him on to the finish line, and beyond.
Remember when we thought we were going to need the proxy/shareholder vote and the response it generated in such a short time? The positive input caught everyone even Jack off guard, that sort of sums up my point, all from "unknown" supporters. I'll wager he has found more allies and backers since then, we all know he has been meeting with investors over "retiring" this Reg S issue...
True enough CVIA is a shell but I don't think it's aimlessly adrift on the sea of BB stocks...It looks more like the Captain is steering it through a mine field to me. Not much room for a mistake if you know what I mean, and Jack has not made any yet... even with the biggest issue of all the Reg S.
True there is a big float, at the moment, but if I am close to my speculation in the previous post (#2500), and IF Jack has found some allies to back him and hold this stock LOOOOOOOONG term... this float is a little deceptive...
If I am wrong then yeah this huge float presents a problem and it is going to take some serious wheeling and dealing to make it fly. I guess thats why 757's use such long runways <g>.
Look this is a .02 or less stock, the MMs have their 2cd or 3rd stringers on this, the rookies, their boss issues them the orders of the day and they don't diviate from it... if their orders say "walk it down" they walk it down, and don't question why. They or the boss don't care about the "behind the scenes play"... only time the boss will come back and change up the strategy is if the price starts to unexpectantly rise against them. I can't see them trying to short the stock at this point... it's already on bottom and theres no way they will get a "terminal" short out of the deal.
This is all speculation on my part... but the investors have a right to be nervous about their investment and rightly so, CVIA is very high risk, but lets not get overly panicky if we see a short term walk down, and let the MMs exploit this nervousness. We all know merger news is on the way... and that will change all the rules long term.
I am not trying to hype or give investment advice, just try and give an "educated" guess and an alternative view point, while we are in this "wait and see" mode.
I had a chance to sale at .04 when the Reg S news was announced, and did not sell.. at the time it seemed against my best judgement... but as things progressed I am more positive now even though I had to average down a paper lose... maybe that was not the best strategy... but then again 6 months from now it will look like a brilliant play.... time will tell
KAA
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