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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: David Smith who wrote (952)11/19/1997 10:55:00 AM
From: KMT  Respond to of 11708
 
David:

Thanks for the support.

A coupl of encouraging things for today's buyers...

One is that there was close to 1MM shares up in the $2.25 range. I don't think those people want to sell at a loss so they'll be holding at least until we get back up there.

Two is that we came screaming down so fast on relatively modest volume. They didn't stabilize us until the volume got heavy. I saw points where they dropped us over $.25 with only 50K shares trading. Now there not letting us run back up as quick. Better buying opportunity.

I believe some professionals probably sold short on the top yesterday and covered this morning.

Cheers,

KMT