To: Milk who wrote (1937 ) 2/18/1998 9:30:00 AM From: D LEE Read Replies (1) | Respond to of 6654
Pardon the poor reasoning, but my "ticker" just teased me last night (only some intermittent clunking) but I promised myself I'd mention it Remember -thinking is even cheaper than "talking" The only difference here is: -the thinking was initiated in this case by a little jolt from about 1 1/2 feet below my eyeballs when I saw the trade. And this, probably because I'm not in any position to own some CVIA at this time. (greed) If it will help, this is simply what i thought. I hope the "different perspective" might help you in some way. So I asked myself "why did I pay so much attention to that big trade" Looking at the 5 day intra-day, that later trade does look phenomenal Times like this my brother would say "somebody knows something", I would wonder: (1) why someone wanted such a round number of shares, (at the same time. Sort of "bold" of him. He's showing off to help the price up immediately (A step by step accumulator wouldn't want to be so obvious.) (2) and the character of the buyer, just for fun. (is he a one timer with a hunch? or close to information. I guess "the hunch" the graph looks prime for a temporary rise. (perhaps very temporary) the price has settled to an apparent bottom to a casual observer, or chartist, by my way of thinking. And some other pennies have been having their jumps lately. So it could just be from a "market mood" and he could feel safe if he was after a 50% profit rather quickly. a jump to the low-mid 2 cent range looks (.024)very possible to me. News will be coming soon as well and could tease the price for premature jump. Day of the jump: Now till 10 trading days: But the possibility decreasing with each day that goes by. (cause the "ticking" stopped) I "only feel" that the price will resettle to (.017 / .018) between the 3rd and the 11th day These are only my conjecture politely scribbled down. May simply want to read this for some added thought, or humor after these thoughts have been proven dead wrong! The CVIA Story is still my favorite. <g> Dave