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Microcap & Penny Stocks : VLVT (was CSMA)

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To: Kurt N who wrote (10188)11/8/1998 2:28:00 AM
From: Richard L. Williams   of 11708
 
A stock is only worth as much one can sell it for, and if one can't sell then it is worthless.

Perhaps...but if the market makers dropped the bid on CSMA from .13 to .05 based on the spin-off, that means that they valued the ET and AH shares to be worth at least .08....say .05 for the ET shares and .03 for the AH? Or vice versa, since AH is making a profit?

Prolly more, since they were compressed into fewer shares. .05*7 in AH's case= .35 .03*6 in ET's case = .18.

A basis for a start, anyway. We can be our own MM's let's have fun!

Rick
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