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

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To: Tony who wrote (1113)12/16/1997 6:49:00 PM
From: Tony  Read Replies (1) of 6654
 
Here's a question for anyone:

Before we started back up, there were trades as low as .03. Now the Low has been there as recently as 12/11, but realistically, anyone selling at a profit had to have bought back in November.

Why would anyone sell near .03 after today's announcement? (Or perhaps those trades are all buys?)

If this were NYSE, I'd assume we hit stop-loss orders, but most brokerages don't allow them on OTC:BB, or so I've been told. This didn't happen near the open, so it wasn't orders which had been left in the system overnight.

I don't understand why anyone who had read todays announcement would have unloaded. Yes I was worried, when I saw .030x.033, but I didn't seriously consider getting out at that point. I think there was/is every indication that we're viable and about to grow immensely... I don't understand why someone whose held the stock for a few weeks, would be averse to holding it a few more hours to go back up.

Any thoughts?
-Tony

(BTW: I happened to be free and watching today while some of this was happening, I'm not planning to get out at these levels myself.)
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