Hello! Tony,
Your thought sequence on your previous posting, at least to me , appears reasonable and possible!
Here a couple of additional thoughts!
The 800 shares that you mentioned, may also have been a trade or transaction between two Market Makers, therefore the two commission payable scenario, could very well take on a different commission rate, if in fact it was just two Market Markers ( cleaning up their books, from the previous day's trading!)
You mentioned the possability that no one was trading because the wide gap in the spread would cause a 13% loss right off the top, and everyone is in long term already!
I tend to support your thoughts, although my feeling is that if CVIA volume remains quiet, the Market Makers don't make much commission on low volume, cheaply priced penny stocks, so I wouldn't be surprised if they try to create a real or ficticious trading frenzy from time to time, just by adjusting the bid and ask price periodically to create a flurry of selling or buying leading to increasing trading volume! ( Just my own personal opinion!).
Yes! I believe that there is quite an established long term shareholder group of investors in CVIA ( at least until they find out all the merger details, if and when it takes place!).
However, I also feel that there will always be a group of investors that are short term trading CVIA, ( Day Traders, what-have -you!).
I am not judging anyone's trading technique or style or objectives, I was just pointing out my thoughts on the situation!
Will the long term CVIA investors be rewarded down the road in time, or will the short term ( in/out day traders) come out the winners??
Time will tell???
All I know is , it is my speculation that once all the rumours, anticipation, guesswork, and speculation are put to rest, and we have got all the specific details of the merger ( And I mean all the details!)
then and only then do I feel that the CVIA market share price will begin to reflect a realistic value to it's shareholders!
Are we going to see high trading volume today! Tony as you indicated, unless CVIA issues a news release earlier in the day, the volume in my guess will remain quite "settled".
With the anticipated slow down in trading interest, with the approaching Holiday/Festive Season upon us, I would imagine that both Investors and Market Makers will be somewhat distracted for a while, and possibly creating some very interesting "buying" opportunites over the next week or so! ( Once again just my opinion!)
For those of us that have been recently following CVIA Trading Patterns for a consistent period of time, will know by now that the price fluctuations and mood swings, can change in a few short minutes! ( I am still trying to learn to be "PATIENT" during those fluctuations, because for the most part it tends to work itself out, and in the end, when I review what transpired, I find that I usually over react, and over-think those fluctuations, that have a way of working themselves out!) Sometimes I just like to back away from the screen, take a break from the "stock zone" , find that the "SUN" still comes out the next morning, and then approach things with a renewed vitality and outlook!
I just realized that I am communicating to someone who is much younger in years than myself, so I would expect that your energy and vitality would certainly not need to be re-charged as often as mine, if at all!
Sorry for the "word overload" however, I did want to mention that for the amount of time that you have indicated that you have been participating in the investment world, I am very impressed by your ability to relate your "stock zone" thoughts into understandable dialogue! ( Well Done! Tony!)
I have made some profitable investments in the past, but for the most part, if I listed all the wins and losses, from day one, my losses outway the wins! WHY? When I first started investing ( mostly high risk/high gain penny issues!) I tended to knee jerk react and I was in "awe" of the investors that seemed to always have the "can't miss tips!".
Here is what started to happen! I would get a so called tip! Buy "ABC" at $1.00. Then it immediately goes down to .80 cents! Then I get another "tip" to buy "DEF" at $1.00! So I knee jerk react, sell "ABC" at .80 cents, and buy "DEF" at $1.00! And so on, and so on!
Then after five in and out trades on five different "tips" at a loss of 20% @5 Trades===== I'm cleaned out! ( Great Tips!==No $$$$$)
I bought based on someone else's opinion and recommendation, and did very little or no research or Due Diligence on my own!
Bottom line is I got everything that I deserved! I put no effort into the stocks that I purchased, and that is exactly what I got back! "ZERO"
Well now that 25 years has gone by, the sure thing is that I am 25 years older! Am I any the wiser from my previous "Stock Zone" experiences? The jury is still out!
I can still get side tracked/swayed if I'm not on top of my investments 100% of the time! ( I know I made a conflicting comment earlier, when I indicated that it is sometimes a good vitality enhancer to push myself away from the sreen and rejuvinate!--even while I'm rejuvinating I am still subconciously focussed on my investments! Or at least trying too!)
WOW! Did I get off track/topic! Sorry!
And please I'm not trying to come across like a "Know it all!"
If I have any positive attributes that can assist me in my investment planning I would say it is that I have an awareness to pick out people who appear, focussed, trustworthy, sharing, supportive, and have a knack for determining the difference between right and wrong!
Now! Back to the "real" world!
I've just strapped myself on to the CVIA ship, and I plan on going for the ride! ( Which ever directions it ends up going!)
My guess, prediction is that we will see a very positive series of events taking place in the first quarter of 1998 for CVIA, and the ensuing profitable results for the CVIA Shareholders! ( Once again just my own personal opinion!)
Wishing you "GOOD FORTUNE" in your future investments!
Best Regards,
Wayne J.
To All! Sorry for the long winded "blabbing!" |
