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: K A Anderson who wrote (2409)	3/16/1998 5:06:00 PM
From: Brad	Read Replies (1) of 6654

From a technical standpoint, I think you're right. I have been watching all the volume for quite a while. I think conversions of the Reg S they announced a while back have been holding the price back. But from my calculations and estimates, we have to be getting near the end of those. And it appears to me they have been absorbed quite well. That certainly changes the picture here. I think if the volume continues at current levels, this thing could start to take off in a more normal way. If my numbers are "in the ballpark," that could happen this week. It might even have started today. Now IF the company came out with an announcement that the merger was done, I could see some good movement upward. Possible resistance in the .035 range as some people "double out." But then, I think it could continue to climb. It is important that we start to find out more about fundamentals pretty soon, I think. But from just a technical standpoint, it looks like there could money to be made here. Just my opinions, of course. Best wishes, Brad

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