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


To: KZAP who wrote (3599)12/15/1997 6:12:00 PM
From: Michael J.Harkins  Read Replies (3) | Respond to of 11708
 
To all, Am I the only one who seems concerned that we lose over 10% a day on this stock and that the apparent short squeeze was a lot of horseshit. I love the fact that now we are speculating at what the price will be a year from now. I'm trying to keep a level head but what happened to our support - someone is obviously selling. Can't understand why would anyone sell with such great fundamentals that are reported on this board and with the potential Short Squeeze that is going to break the back of all those nasty shorters. Can someone tell me what went wrong and what can be done to stop the bleeding and get the price back up.



To: KZAP who wrote (3599)12/16/1997 9:02:00 AM
From: DuGen  Respond to of 11708
 
I think this stock can get as low as .50 before it turns around. If it dips below .40 we're all dead meat. I read on here of the problems of getting news other than on this string and in the opening comments. This is a major concern and doesn't give much credability to what is available.

CONCLUSION/BATTLE PLAN. I expect the price to turn around before it hits .50 (actually it's more of a prayer). This time it won't be a rocket but a steady climb up a tuff hill. When I see 3 consecutive days of increases, I'll start getting back in. I'll average up until it hit's a dollar and then re-evaluate this situation.

Actually, averaging up is still averaging down, 'kuz I'm waaaaaay up there.

DuGen