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Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?


To: paulbk who wrote (1849)2/7/1998 11:46:00 PM
From: J.R.  Read Replies (2) | Respond to of 6654
 
I agree about this company probably not being able to get that Reg. S
security bought out. I have heard people here say that the downside on
this thing is only a couple of pennies. Hey, that is the same risk
as a company trading at $10. Look, if CVIA goes down 1 penny, it is
a 50% loss. If a stock at 10 goes to 5, it is a 50% loss. So, it is
misleading to say all you can lose is 2 cents. The percentages are what
count--not the mere fact that it only has less than 2 pennies to zero.
Right, a stock at 2 pennies has a lot more room to move up than a $10
stock. Just keep in mind it is trading a 2 cents for a reason, so there
may not be a whole lot of potential to move up. I really hope I am
wrong on this one, because I have money continuing to lose value almost
every day in CVIA. Just to go along with some of the posters thinking
about having only 2 cents to lose--consider this--I will go along with
your logic on this although I do not agree at all with this mindset.
Consider after the company has a reverse--to go along with your logic,
the stock will have a considerable amount of downside at that point.
I am not trying to be beligerent or sarcastic, I am just trying to paint
a clearer picture. Good luck to all of us CVIA shareholders.