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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: Wayne J. who wrote (1152)12/18/1997 4:14:00 PM
From: Tony  Read Replies (1) of 6654
 
Wayne-

Thanks for the words of encouragement. It helps to be able to bounce ideas off people who have done this before.

I think you're right about the MMs- they benefit from the volume of the trading more than from the actual price, so they move the bid/ask around to try and ensure some volume. And they got some people to sell today at .032 and .033.

I think with CVIA we'll be considered much less speculative when the specifics of the merger (including financials on the private corp) are released.

-Tony
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