Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

0.0%

Jun 30 5:00 PM EST

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To: Jack of All Trades who wrote (1115)	12/16/1997 8:33:00 PM
From: Brad	Read Replies (1) of 6654

Jeff, I think you're right! I examined the trading log very closely because I was wondering the same thing Tony was. 1. There was a brief buying spree early. 2. Selling hit at about .048 and there were some large chunks. 3. The buying was steady but in smaller amounts. 4. When the bid fell back, it looks like whomever was wanting to sell probably chased the bid down. 5. The MMs pressed the price lower (maybe to cover shorts or who knows). Any nervous shareholders probably got scared and dumped. 6. The buying started back up (or some shorts started to cover). 7. The price moved back up and settled in to where it closed. The biggest drop occurred over a span of about 12 minutes. But frankly, it might have been a good stablizing factor. It looks like we might have cleared out some "quick buck" people and some nervous shareholders. So it might actually help establish a firmer shareholder base. Perhaps we can start to settle into some steady, sustained share appreciation. I think the stability of the company and its present leadership should be a good confidence builder for shareholders. That's my 4 cents worth. Best wishes, Brad

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