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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (11514)7/15/1999 10:37:00 PM
From: iknowlarry   of 11708
 
Its still in their best interest to get the stock price higher.

Since the price has been going down, I assume they have been issuing paper to raise capital/pay-off debts/services. (the new shares you mentioned) At some point they will stop. The leaderships shares aren't worth much at this price either. So, if the new paper issuance has now stopped I would expect a steady stream of news releases.

I haven't bought any either, but this may be a opportunity if there done. At the current stock price the P/E will be about 1 at the end of the year. Just waiting to see if the buyer the last 2 days decideds to dump. If not, more news is on the way. (my opinion)
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