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


To: Milk who wrote (1935)2/17/1998 9:47:00 PM
From: J.R.  Respond to of 6654
 
Since a 1,000,000 share buy would not move the price up, a comparable sell
should not drop the price.



To: Milk who wrote (1935)2/18/1998 9:51:00 AM
From: Brad  Read Replies (1) | Respond to of 6654
 
Milk, I made a phone call regarding the 1 million share trade. Appears to have been a Buy (believe it or not).

Probably an "all or none." Pretty gutsy on the part of the buyer and the trader. Both betting in opposite directions.

Reading Dave's post on the short term view, it could be that the buyer was thinking the same thing. Short term gain. And the trader could be hoping nothing will ever develop for CVIA and the price goes lower.

Interesting. But most buyers wouldn't just drop $13,000 without a pretty good reason.

Time will tell.

Best wishes,
Brad