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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: Matt Brown who wrote (3227)4/16/1998 3:03:00 PM
From: Loren S.  Read Replies (1) of 6654
 
We haven't heard from our resident junior Warren Buffet lately. I don't know how extensive your investment experience is, Matt, but I'm sure like many on this board, CVIA has been a humbling experience for you. While many on this board have been patting you on the back for your investment savvy at such a young age, my response to your investment practices was that you needed to be very aware that investing in a stock like CVIA is a lot like high stakes gambling. Most high stakes gamblers lose. Now I'm not going to give you the conservative lecture about sticking with "solid investments" like blue chips next time. I think you can make a lot of money in speculative stocks. But I would choose stocks that already have a marketable product and revenues, don't use reg s financing, don't have 100 million shares outstanding and don't plan to reverse split you to the poor house. May this be a good learning experience for you, me and all the rest of this thread.
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