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Microcap & Penny Stocks : VLVT (was CSMA)

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To: KZAP who wrote (10701)1/25/1999 10:42:00 PM
From: Bootz  Read Replies (2) of 11708
 
We are in a new year. Think about that. These companies can sell cheap shares and then the buyer can sell them into the market. But at 4 cents? No, they need to get the price up. So THEY buy a bit, get it going. Let's just watch. I'm not sure what's going on. But with the past, I can guess.

KZAP,

You're blathering again.

We are in a new year.

Well, duh, yeah. So what?

These companies can sell cheap shares and then the buyer can sell them into the market. But at 4 cents? No, they need to get the price up. So THEY buy a bit, get it going.

More blather. Per one of my earlier posts, insiders have filed to sell and haven't sold. Nor have they have filed any intent to buy.

So, again, who's buying this POS stock, in your words, and why?

I don't confess to know. All I know is that your scenario doesn't fly.

And I don't blame you for being PO'ed at CSMA. Hell, I'm not exactly ecstatic myself.

My point is that something is going on here, and, to paraphrase Bob Dylan, you don't know what it is, do you, Mr. Jones?

In light of that less than earthshaking insight, all I'm saying is that I would hesitate to sell shares of the CSMA shell at this stage, given that, yes, it is a new year, which means you've got another eleven months if you want to use CSMA as a tax write off. Why the rush now?

And add in another given: Someone is buying this stock, so why not wait until we have a much clearer picture as to why? If the stock goes up in the interval, so much the better. Frankly, I'm interested in seeing how much they're willing to bid.

BTW, how many CSMA shares do you have left, KZAP, 300? Why don't you put in a sell order at a dime and be rid of it? And buy some CD while you're at it.

Bootz
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