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


To: Ray Palmer who wrote (2774)3/28/1998 1:41:00 PM
From: K A Anderson  Read Replies (1) | Respond to of 6654
 
I am not even going to speculate on the WOTD/CVIA merger date, all this is sitting on some lawyers desk... bet the lawyer is getting paid $200 to $300 an hour to let it set there, if I was that lawyer I would let it set there as long as possible. <LOL>

I have already messed up, thanks to forgetting about 2 week old market orders... so I am pretty well set on buying more.
Now those of you still interested in buying CVIA, I will tell you how I planned on approaching this shake out, and some of you guys might want to give it some thought, and maybe turn this MM greed around and make yourself some extra $$$.

Place some GTC or regular market orders at .01 .012 .013 .014 .0145 .015 .0155 .06 .065 and let the MMs shake and walk it down until they get happy... Dont expect all your orders to get filled, but maybe some will get filled... but hey at these prices you've done almost as well as the MM's themselves so dont get to greedy.<G>

Also if these MMs see ENOUGH of those really low orders sitting on the fringe... the MMs may delay or stall the walk down at a certain point. They hate it when some one stands to make out as well as themselves <LOL>

Trade whats right for you... this is just some food for thought to those of you considering still buying...

Also don't try this strategy if the stock is being shorted... you'll get burned everytime... it only works for walkdowns and those types of situations.

KAA