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


To: WAYNEW who wrote (2609)12/3/1997 2:41:00 PM
From: tradesman  Read Replies (1) | Respond to of 11708
 
<<< know this was sort of talked about already, but why are they
purposely holding this thing above $1.00?

Seems to me the shorts could move this thing where ever they want
it to go.>>>>>>

There is technical support at $1.00. Next support is at $.50. Buyers are coming in at a buck, if it drops below a buck it'll probably go to fifty cents. As long as it continues to close above a dollar, it should hold. If it closes below a dollar, it's a long long term hold or a loss.