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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: charles messick who wrote (5799)3/13/1998 12:57:00 PM
From: jan_mike  Read Replies (1) | Respond to of 11708
 
Bad Karma - see preceeding 3000 posts. They need evidence to get interest. File the forms and keep us informed.
One man's opinion.
Mike



To: charles messick who wrote (5799)3/14/1998 1:28:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
But I find it really, really puzzling that in the face of the obvious progress that the company is making and the likely prospect of continuing positive developments, that we find ourselves below 2 dollars.

I will play Devil's Advocate and accept the price under $2 as the price that must be paid for languishing on the Bulletin Board. But what is most disturbing to me is that every news release that has come out has been positive and validated and/or exceeded expectations and each and every one of those releases has produced a price reduction to now the 50 cent level !!!

Fortunately, there is absolutely no cause/effect relationship between the interim stock price and the true value of a company.

For you TA types, it looks like we have near term double bottoms at 47, 46,45 cents; support at 41 then 38 then 24.

However, I doubt that these latter levels will be tested since KZAP would probably buy up the float if the stock ever touches 40 cents.

I understand your confusion Charles, but offer no explanation..

TG

2nd favorite quote: "I can live with the lack of correlation, but this damn negative correlation really gets to me."