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


To: D LEE who wrote (2307)3/11/1998 12:01:00 AM
From: K A Anderson  Read Replies (1) | Respond to of 6654
 
At the moment it would be far cheaper to use CVIA certificates <G>

I am looking at these trading and volume charts... this has me puzzled. I don't want to throw around wild eyed speculation. But in 3 days(Thurs Fri Mon) 50 million shares changed hands, in fact during all this the price rose a little, before it fell back. (In 3 day the volume was higher than the whole month of Feb. or Jan)

I am willing to "guess" 15 to 20% was day traders, doing their thing.

On the selling side, I just have a sneaky suspicion, some of this Reg S stock was sold back into the float.

It looks like new money and people accumulating, kept the stock on "solid" ground.

If my hunches are right and this is the Reg S entering the float... I am prone to think this is good news.. we survived it with out the share price sliding like it could have. Hmmm maybe the worst has passed?

KAA