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Microcap & Penny Stocks : The New Corporate Vision Inc. ( CVIA )
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: Novice Bob who wrote (2332)6/11/1999 7:34:00 PM
From: Michael Graham  Read Replies (1) of 3596
 
Now that I re-read my response, I see that my first sentence was still ambiguous (i.e. give 2 for 1). I never had a problem understanding splits, but I can see how it could be confusing for some.

To me, it seems that the MM's are playing it safe with a big spread and a lower Bid. You saw what they did when CVIA distributed the AHCD shares. It shouldn't have affected the price at all (except maybe up). Instead they dropped the Bid to $1..

Nasdaq here we come!

Mike
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