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: Ga Bard who wrote (2226)	3/5/1998 9:34:00 PM
From: J.R.	Read Replies (1) of 6654

Thanks for your timely and clear explanation of the factors inherent in the Reg potential buy back. However, even if these shares were shorted, how much can we reasonably expect to rise from this current level? Again, assuming these shares were shorted, then why would the covering push us above the level when it started to be shorted? If there were so much shorting, why didn't the stock go to sub-penny status? It seems to me that the Reg holders did short the stock, but I am not sure they shorted a lot. Again, if they did, this stock should have gone well below 1 penny. If they did short a substantial amount, then why would the stock shoot up more than it shot down? Sorry to be redundant.

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