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Microcap & Penny Stocks : AREE - Formerly TVSI

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To: Just My Opinion who wrote (584)2/12/1998 8:26:00 PM
From: LPasko  Read Replies (2) of 6528
 
I think too many here are getting hysterical (in the sense that they are emotionally out of control, not in the sense that they are funny).
When a company like TVSI that has been inert finds a business it is natural to see an announcement spur wild gyrations in the price. It is a matter of supply and demand--buying overwhelms supply, then selling overwhelms demand.
The selling feeds on itself as old holders sell at a big profit, and new holders seek to lock in day trade profits. Those who buy at 25 cents or 30 cents get panicked into selling as they see the bid slip lower and lower in reaction to the selling of others. The "villain" here, if any there is, is day trading. Sprinkle in a little greed and a little fear and you see what has happened this week in TVSI. As I've said before, I believe that earnest businessmen are trying to put together a deal here. I do not pretend to know what the proper price is, or what price we will eventually reach. If I sold today, I too would lose money. I refuse, however, to allow my disappointment in the decline from Monday's manic high to serve as justification for verbally abusing others who have been bullish on the stock. Nuff said.
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