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Microcap & Penny Stocks : VLVT (was CSMA)
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To: Steve1 who wrote (7562)6/13/1998 11:21:00 AM
From: TraderGreg  Read Replies (1) of 11708
 
Let me post a hypothetical that I've been thinking about.

In the absence of news and the knowledge that only modest upgrades are needed, we are all somewhat surprised nothing has been reported, right?

Perhaps the upgrade money has been received and the work started or possibly completed and the well is already open for small quantities.

Now, remember how I and others criticized the $45K gas well investment because it was small? What if they are concerned about negative reaction to a release like :"Class V well is operational and we are processing 72 bbls per day..." Who, besides me, would be the first to jump on that and slam them? A lot of people, right?

So, maybe, just maybe, they are waiting to grow the business to a more acceptable level(acceptable to us instant gratification folks) before releasing any more news. Hey gang, tell me this is at least a plausible thought.

What say you all?

TG
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