SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wayne J. who wrote (2782)3/29/1998 10:20:00 AM
From: K A Anderson  Read Replies (2) of 6654
 
Wayne... my opinion is'nt very high of OTC Market Makers either.

I guess everyone has read about the mafia involved in some of these brokerages, BB Brokers being busted for illegal activities, BB brokers actively soliciting and scamming investors, BB brokers illegally shorting stocks.

The whole gamut of the OTC market is really a hard place to find a decent investment... start up and small companies are risky enough, but throw these lower life forms of MM's into the mix, an investor had better be sure of what they are getting into, because the odd's are not in the investors favor.

Tires and Oil? not very sexy or hitech, its a lot of competition in that field, CVIA is not a strong company, or experienced in this area, The CEO is a Pharmacist not some high powered tire exec, CVIA is being subjected to some MM manipulation... so why would any sane investor buy into this situation?

1 Simple reason because the CEO is putting forth an honest effort for the investors and has put togather a realistic business / expansion plan.

Anyhow if you all havent already read some of the more recent news on some MM's and brokers being busted for stock manipulation and fraud...
here is some of last weeks news.

briefing.com
businessweek.com

As I read more and more about some of these MMs shenanigans... I think I am beginning to understand why some animals eat their young.

KAA
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext