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: Milk who wrote (1797)	2/3/1998 2:49:00 PM
From: Brad	Read Replies (3) of 6654

Has anyone noticed the UNUSUAL trading today? Out of the 2.3 million shares traded, about 1.7 million shares have gone through at .0175!! The bid/ask is .017 x .018. And almost all have been in large blocks (100K and larger). If they are sells, the MMs could be willingly covering with the intent of selling at a higher price later. If they are buys, somebody has an awful lot of confidence in where this company is going. Hmmmmm! Is it possible that they are BOTH buys and sells? In other words, is a Reg-S holder's interest being bought by one of those "potential major investors?" In a case such as this, I believe these trades could happen like this with the MM simply getting "X" number of shares for handling the transaction. Any thoughts on this? Brad

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