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


To: David Smith who wrote (3100)12/8/1997 10:33:00 PM
From: IRVINESULLY  Read Replies (1) | Respond to of 11708
 
Hi Y'all...OK VHB..am still awaiting your E-mail now that I have corrected my address. I have finally figured out what happened to Franco....he has a split personality...he is David M.,and franco. And he/they really belong to the Mafia,who were carted off to jail after messing around at the GYMM!!!! No offense to CSMA, but with a company looking this good, I can't believe that we are riding on under $1.25...and everytime it perks up a little,it goes back down. I hope they get a good broker soon to promote them. Trouble is,they may do the same thing....Well, what the heck, we are only 2.75+ away from NASDAQ. Not that I want to sell, but the few other stocks I had my eye on have naturally all gone up....ho hummmmm. I hope I have the last giggle.. New Rules from now on....no one can post here unless they leave their name and address, where they are going, with whom, and when they are expected back....And be HOME EARLY..You do sort of get to where you feel you know someone a little. I, too, checked out other posts, and no franco...!!!?? So, comeon gang, let's do the C$$$$MMAAAA Cheer.....

GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO COCOOOOOOOOOOOOOOONINNOOOOOOOOOO



To: David Smith who wrote (3100)12/9/1997 9:02:00 AM
From: Land Shark  Read Replies (1) | Respond to of 11708
 
Yes, it's a nice concept to go long term on investments. But, in
the world of micro-caps, the risk of losing 100% of your money is
very real. The reporting is very loose and you often don't know
if the information on the company is accurate. The risk of a
company failing is very high. There is the shady element shorting
the hell out of the stock (99% of the time this is happening and
squeezes are far and few between). This means that 99% of the time
with BBs you lose if you go long, even if the fundamentals are good.
Everyone expects 2000% growth and weekly news out of a penny and if it doesn't happen bailout occurs.

What does this mean w.r.t. trading? Timing is everything! It's no wonder after 3 days steady run-up, massive selloffs occur with pennies. One must look out for these and not buy at the top or sell at the bottom.

No doubt in my mind that franco sold off at 2 and some change (b.t.w he bought in at 20 cents, 10 bagger means selling stock at 10x the price you bought at). He called C$MA "ten bag city" and he got his ten bagger. Now I'm waiting for more upside movement on this one. Hopefully news will be out soon on financials or the disposal well.

Another thing, just because your broker is serving your interests, does not mean she will serve others. This does not mean that all other brokers will behave the same either.