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Microcap & Penny Stocks : VLVT (was CSMA)

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To: TraderGreg who wrote (10770)2/3/1999 7:54:00 AM
From: Lazarus  Read Replies (1) of 11708
 
Well ... I agree....

8 cents a share would be way too much for a shell. I got one shell I keep an eye on that is good and clean....with OS shares around 1.2 million plus prefered's --fully diluted 2.5 million common...no debt...that trade for less than that.

From experience I can tell you that penny players usually prefer the mystique of the "unknown." Let's face it, if a company is fully reporting and all the cards are on the table...and you got a phone #, etc, etc, .... how you gonna get a good rumor going ;)

Barginstocker
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