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To: Susan Saline who wrote (33966)10/26/2001 11:24:49 AM
From: BWAC  Respond to of 53068
 
When you get into stuff like PVN you have to be tenacious and confident you bought at a value price. Its you against the crooks, liars, and thieves that want to drive it to zero and have unlimited resources to do so. Sometimes you can hit it just right and daytrade against them. More often it becomes a game of them slowly bleeding you to your breaking point by capping every rally attempt, by throwing shares at every buying attempt, by falsely skewing the supply/demand, by selling short sufficient shares to overwhelm buying interest, by having the Street.con write negative bs.

PVN is CNC all over again. Next you will see 40 to 50% short interest on PVN. And you will see the price get stalled in a tight range. And you will see weird out of range closing prices, like up 50 cents from where it really close on 100 shares. So the next day all the quote feeds will show weakness when it opens at the "real" closing price.

But despite it all CNC got its house in order, brought in new management, the tide turned, the shorts got fried as it went from $4 to almost 20 within a few months. (And now it has started all over again as CNC is back to $4 and the same game is being played). PVN will play out exactly the same.