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


To: Carole who wrote (3290)12/11/1997 9:48:00 AM
From: David Smith  Read Replies (2) | Respond to of 11708
 
Carole: I accumulated every share at market starting the first week in October on the first day that the stock broke below .20. If you look at a chart (like telescan 6 mo.) you will see that I supplied support for the stock for almost 3 weeks while the stock was being shorted down in price (Thank you shorty for supplying me with cheap stock). My last big purchase was the last day before it broke out of the .20 range. I had no communication with the company until after I accumulated my holdings.

BTW, SETO and EUTO are also being hit by shorters, the problem seems to be that during Christmas season the shorters know that many investors are not as focused on investing which causes all these stocks to be weakly supported so it provides a great opportunity to short everything in sight. Can anyone else verify this?

David



To: Carole who wrote (3290)12/11/1997 9:58:00 AM
From: Land Shark  Read Replies (3) | Respond to of 11708
 
Hi Carole

I don't think there is any use to asking that sort of question,
since, if they were given shares at below market for "hyping"
services, I don't think they would admit to it truthfully (at least
not in this forum). This would compromise their position.

I think one must look at this one objectively and say it's a big
crap shoot. We are betting that the stories given about this one
are true and there is a likelyhood that positive news will come out
in the reasonably near future. This is the gamble. I wouldn't suggest that anyone put money into this one that they can't afford to lose.

The stock price is and has been manipulated and that's a fact of life
with BB stocks. I personally would like to see the illegal shorters thrown in jail. The SEC is becoming more active and the activities of the hoodlums are becoming more public.

At this point, I have no way of saying whether or not the two Daves
are hypsters or not.



To: Carole who wrote (3290)12/11/1997 11:17:00 AM
From: TraderGreg  Read Replies (2) | Respond to of 11708
 
No offense taken. I'm an open book. I am holding 30,000 shares. I did buy as low as .18, .20,.27,.35,.58 and unfortunately at 1.75,2.12, and 1.50.

I have received no compensation from CSMA or their reps or any broker. Is there any chance I can bill you all on the thread at say minimum wage for the postings? I mean you can pass the hat on Sunday at your meeting . I've got about 250 hours in this going back to early October. <gg>

TG