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Microcap & Penny Stocks : VLVT (was CSMA)

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To: franco who wrote ()11/7/1997 3:01:00 PM
From: David Smith  Read Replies (2) of 11708
 
A representative who works with Coconino has informed me that the person who shorted the stock has contacted shareholders to buy their stock at .50 a share. Further, he used scare tactics about the value of the stock to try to force the deal.

He doesn't want to buy from the open market because it would result in the stock price going up.

I verified this with the broker who has knowledge of this.

I found this a bit interesting so I am passing it on.

David
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