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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: K A Anderson who wrote (3197)4/8/1998 11:55:00 AM
From: campe  Read Replies (2) of 6654
 
I just had a thought I'd like your comments on. When the Reg S was being sold into the float, most of the trades were going off at the ask, so we all assumed they were being bought right away. Could the MM have been buying up the Reg S at the ask and placing (most of) it in their inventory with the expectancy of selling it at a later date in the low .02's?

Could the MM have a bigger inventory that what we thought? Can anyone verify that (some or any LARGE Blocks of) the 50MM Reg S ended up in friendly long hands? I know we on this thread can account for some of it but probably not $500,000 worth.

Then again, the way Matt plays the market, he might have xxMM shares free and clear already...
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