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Microcap & Penny Stocks : VLVT (was CSMA)
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To: bob who wrote (5180)2/15/1998 10:59:00 AM
From: TraderGreg  Read Replies (2) of 11708
 
So what? KZAP is merely extrapolating current performance to the future. I'm running a contest that does the same thing. My projections show CVIA losing 99.88 % of its value by 12/31/98. Do I think it will?
Probably not nor will the current contest leader gain 154472% either.

But the Federal Trade Commission and Federal Reserve have blessed this methodology for computing annual Percentage yield. Its one thing to get flamed when predictions made from DD don't bear out, but this? Are we now getting flamed for implementation of universally accepted mathematical models? You may slam the KZ for his error in computation(it will take six weeks to get to 3/4 cent per the model). Nevertheless, IF current trends continue and with implementation of acceptable compound interest models, CVIA, which has lost 53.85 % of its value in six weeks, will be at 3/4 of a cent in six weeks and 1/256 of a cent by year end. So what? Current trends can change in an instant. Next week, CVIA may be projected to a quarter. We are just projecting based on a snapshot in time.

Are you going to flame me all over SI for making that statement? The irresponsible flaming is by YOU calling every stock that the KZ likes a scam.
The KZ is cool, he may not give a whit what you say, but the rest of us in those stocks don't appreciate it. Why not ease up?

TG
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