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


To: jan_mike who wrote (3503)12/12/1997 10:53:00 PM
From: Russell Gish  Respond to of 11708
 
Got you all whipped.
Sittin' here with the headphones on listening to the Rolling Stones simulcast from St.Louis. Almost as good as being there.

Glad to see everyone in good spirits. Really sux when a thread goes in the chitter when the price goes south.

Have a good weekend, can't listen and type at the same time.

Good Luck,
Russ



To: jan_mike who wrote (3503)12/12/1997 10:59:00 PM
From: lewis wireman  Read Replies (1) | Respond to of 11708
 
Hi Folks. Just some thoughts you might want to consider for whatever they are worth. Lets take a look at trading volume yesterday and today. Notice that yesterday there were about 70,000 sales early morning and the price moved down to its daily low. A little later, about 40,000 sales and the price moved back. It is my opinion that most of the buys were day traders. There were no sales by the lunch hour crowd and the price remained stable. New buyers came between 1 and 2 PM and the price rose to its daily high. It is my belief that day traders think as we do, that the fundamentals for this company are too good and the stock will rise. Note that that there were few late hour sales. This is good. If there are no sells tomorrow morning we should see a rise in price by day traders purchses who will be fear full of higher prices. Remember, day traders must buy to take profits on increased prices. Of course they WILL take profits. That is what they do. We will see this happen several times as the price begins its move to the 2.50 to 3.00 mark. We will see the price drop 30 to 40 cents each time. Now lets take a look at todays trading. (continued on another post due to problems with my conputer.



To: jan_mike who wrote (3503)12/12/1997 11:25:00 PM
From: lewis wireman  Read Replies (1) | Respond to of 11708
 
To Resume my comments. This morning, early sales were only about 40 to 50,000. The price drop was slight but it did reach its daily low.
Lunch crowd buying and selling was about equal and price regained most of loss. Late hour selling was about even and price held. Note that there was little buying after the initial drop, but the stock still rebounded almost to its beginning price. Folks, I reiterate: I believe if we stop selling into day traders buys, we will see day traders buy even more, being pretty certain that they will pay higher prices if they want to get back into CSMA profit action. Just my thoughts. As always, do your own research and analysis. Thanks.