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Microcap & Penny Stocks : IVOC ( old VTPI ) -- Ignore unavailable to you. Want to Upgrade?


To: JBH who wrote (456)6/14/1999 4:33:00 PM
From: Brian Cotter  Read Replies (1) | Respond to of 1041
 
The RS revelation is clearly what has sent this downward.....even an idiot like me can see that. I couldn't take the losses anymore so I bailed......may regret it later but to have an announcement like that come out in the "lull" period is a killer. I'm wondering why Joel decided to share this with an individual investor who admittedly sold her position prior to informing the board.........can't say I wouldn't have done the same. However, that announcement was lacking a clear and concise analysis of where this stock will be........and we're still lacking that info. IMHO, a 1:15 or 1:20 would have to put the stock's value at between $5 & $7 for me to just maintain the loss already incurred from .64 ---- I'm obviously a very successful investor (haha). Luckily this is the only penny I've stayed in, until now.

I think most shareholders like myself had to come to that conclusion given the lack of any other info. I think this board needs some info along these lines or the drop will continue. All announcements aside, the sales announcements still aren't enough to give the required boost to that range, analytically or "psychologically".

So, I'll be waiting to see more DD before jumping back in, as I do admit this may be worth watching. The Telran and Pudlo announcements are not killer deals to me, but ADP and Nortel are enough to keep an eye out here.

I wish longs continued success and hope to come in again, but my tapeworms are getting fat on pepto abismal lately,

Ciao.......BC