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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (903)11/18/1997 9:06:00 PM
From: oldcrow  Read Replies (1) of 11708
 
Hello everyone!! Just got a spanking new account with SI from the proceeds of the COCO express!! First of all I would like thank Franco, David Smith, Russ, and everyone else who has really put forth some effort to get this thread on fire. I'm sure I speak for all in saying your efforts are truly commendable and our gratitude goes out to you for bringing this stock to the forefront.
I would like to share my experiences thus far in hopes of saving others from making similar mistakes. I was fortuneate enough to have actually found something "early" (.58 avg) for a change, however, I have since screwed up 4 times now in trying to sell at a peak and buy back in at a dip. For those of you who have done it successfully I am in awe of you. The first time I tried the price dropped so fast that by the time my order was filled the price had bottomed and was already climbing by the time I got back to my quote server. So of course I had to buy back in at the higher price and lost shares (limited funds) as well. So in an attempt to make up for that mistake I have tried it 3 other times each with worse results than the previous. Russ pointed out that the MM's will lower the bid even more on your sell execution, and will then instantly raise the ask afterwards...he is right on this!!! So I have decided that IT IS JUST NOT WORTH IT. IMO, I believe that it will be much more profitable to just sit back and RIDE THE EXPRESS!!!! Forget about selling in an attempt to pick up an extra 30 cents or 100 shares...it will certainly be much easier on the mind. Again just trying to save folks some undue stress if possible.
I also spoke with Mike MIllis (1 800 733-0087) today to check on the status of the shareholders meeting and he said it is still on track for the 1st of Dec. He is very confident that the financials will speak loudly for the fundamentals of this company (that made me feel pretty good). So..............
GOOOOOOOOOOOOOOOOO!!!!!
C$MAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!!!!!!!!!!!!!!!!!!!

ps: Is it okay for me to say that being a rookie to the thread and all?
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