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


To: K A Anderson who wrote (2775)3/28/1998 2:14:00 PM
From: myturn  Read Replies (1) | Respond to of 6654
 
Hey, did anyone get their order filled on Friday @ 1/64 or lower.
I had a bid in all day a 1/64 and it never got filled. I raised it at the end of the and it got filled @ .017.
There's no doubt in my mind it is a shakedown on the part of the MM's.
The previous post hit the nail on the head!!
Put a more than one bid in below the bid,then the MM's will do one of two things. 1. Raise the bid/ask, but don't go chasing it, because they'll drop it in a heartbeat.
2. They'll continue to drop it only if the get enough sell orders to fill yours and theirs..... And there's no guarantee yours will get filled.
Hold firm folks, you know your exit point, but don't exit too early, because we could see some major buying coming into the stock over the next couple of weeks for speculative purposes, then we'll see the day traders rolling in. I see CVIA all over the board the next couple of weeks. JMO