VLVT (was CSMA) Message Board

STOCKTALK

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (7984)	7/17/1998 8:15:00 AM
From: dealmakr	of 11708

TG, The companies timetable for the events that you have listed I guess is not going to be one that the investors are happy with. Stock price keeps on declining without any fundamental support. When the relationship with LPS was dissolved and 7.5mm shares taken out, it should have provided some base for valuation without those shares. It didn't. As the stock broke .30 and went into the .20's with volume picking up, I think that maybe the frustration level that you talked about was very high. I am definatly not looking for any hype press releases from CSMA to boost the stock price and I think that they have done a good job of information control, maybe too good. If the company in its last release said that things were going on with the well and would be stating such, why bother to give a timeframe(possibly next week). It would have been better to say nothing. My outlook for the longer term still depends on if the basic story has changed and if the valuations for potential earnings and profit are still in line with the companies business plan. AddHatters is doing good, the well will be finished some day(I'd rather that they take the time to do it right the first time),Oil and gas division I could care less about and getting rid of LPS and their Sea Soil whatever that was should be good. The reverse merger with BUFF to become reporting is a plus even though it will take longer to get it done than most people have the patience for. I think the biggest question is after the company accomplishes the reverse and gets the well into operation correctly, will the stock price again start to reflect some optimism for the earnings(audited) potential of CSMA? When you ante(invest) in poker (stocks) a couple of things can happen. You don't like the way your hand turned out and fold(sell), you can see how things develope after calling a few bets on a few cards(stay invested) or you can see the potential of a winning hand and raise(increase position) the stakes. I don't think that bluffing as a strategy would work out here. My own position is bot at levels of .32 and over and with my own judgement have to see the hand played out. I haven't been able to call the bottom of this stock yet, but at some time in the game will probably raise the stakes if the basic story line from the company doesn't change. Just have to have the patience for it IMHO. Who's Deal? Good Trading to all Dave

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