Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TraderGreg who wrote (3530)	12/13/1997 10:02:00 PM
From: David Smith	Read Replies (2) \| Respond to of 11708

Greg: Thank you very much. I needed this information to allow others on this thread to understand the following: Best guess CSMA price by Nov. 98 is $15 x 600,000 = $9,000,000 Minimum price is $5 x 600,000 = $3,000,000 Maximum price is $20 x 600,000 = $12,000,000 Of course, I couldn't sell a large % of shares into the market except over a long period of time, otherwise I would affect the market. I wouldn't know what to do with all that money anyway. My point is this, many people are questioning my actions (and sanity) by my steadfast refusal to consider selling any of my shares. I acquired these shares in October. What is wrong with a several million dollar return on investment (or at least net worth on paper) in a one-year time period. Again, I will ask, do any of you know a stock which you believe will return a higher percentage gain by Nov. 98? David P.S. For those of you who question my sanity anyway, my long-term goal is not to sell any shares but to live on the margining of a small amount of stock and not paying any tax on the margin I am living on. I will only start selling when there is an indication that the company will stop growing and the EPS will become stagnant. Yes, my investment strategy is different from everyone else, but you can be the judge of my actions a year from now.