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Microcap & Penny Stocks : VLVT (was CSMA)

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To: Michael Anthony who wrote (11598)8/25/1999 7:39:00 PM
From: iknowlarry  Read Replies (1) of 11708
 
This is why it will tank at some point.

1. Went up to fast. (Should be slow steady rise, they have had good earnings for 2 quarters now, why moving now)
2. They just announced an acquisition. (In which they will be using stock to finalize the deal)
3. They are a non-reporting company, with overseas operations. (I feel better with audited financials sent to the SEC)
4. The volume indicates alot more shares outstanding.
5. The talk on RB is way too positive for a non-reporting B&B. (HYPE - IMHO)
6. No transfer agent info listed anywhere. (I would like to know what the true share count is)

I have 240 shares of this from the old CSMA days. I would like to see it go up "naturally". They have good numbers,I wish them good luck. But the current run-up looks un-natural which means a sharp drop at some point. Where, I don't know.
I don't believe there is any type of fraud going on either. I just don't like all the positives hitting the market at the same time. (acquisition, book value, share price, hypesters)

regards,
Larry
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