SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IVOC - Visual Telephone International

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Mazzarella who wrote (3407)2/3/1999 9:03:00 PM
From: Paul D.  Read Replies (1) of 4815
 
It is very plain to see that the company or affiliates of the company are selling stock for working capital. The question is - why, if the future is so bright, would they sell at this level. I think that that can be answered with one word - desperation.

And who is buying? Some entity is accumulating stock. Who and why? If the management thinks no more than they do about the prospects for the company , then who does, and why.

But then again, this management is not known for its capabilities in the "deal" area. They are notorious for making bad deals for themselves and the shareholders. It will be a miracle if they stumble into a good deal and make the correct decision.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext