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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST
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To: Matt Brown who wrote (3840)4/17/1998 11:17:00 PM
From: TraderGreg  Read Replies (1) of 6654
 
Hate to pull age rank on you Matt but Reason ain't BSing you. Reverse splits, especially TRIPLE digit ones, are a death knell for the ORIGINAL shareholders. The only reason you are not down is because, somehow, way back you bought under a penny? Not good logic to counter Reasons point.

The proof of his theory is the change in stock price vis-a-vis the price a nanosecond before our eyes read the news release. Any other comparison is apples to oranges. That change is DOWN nearly 50%.

There may be recovery but only if these guys immediately cancel any more of these hair brained ideas about a major reverse. KAA, who I'm nominating to go to Panmunjon and chair the North and South Korean peace talks, has helped knock some sense in WOTD arthritic heads...and maybe just maybe they will grasp the obvious. In which case you all have a chance.

But make no mistake about it, in the minds of scores of investors with stock acumen far greater than you or me, this plan was a farce. The need for damage control is paramount.

Then again, you're going to probably have to go through a major reverse before you really grasp what its impact is. Hope for yours and everyones sake, you don't have to experience it with CVIA.

TG
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