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


To: TraderGreg who wrote (6500)4/1/1998 2:01:00 AM
From: Kurt N  Respond to of 11708
 
I wouldn't characterize them as bashers per se, but they obviously haven't done any research/DD on CSMA.

They probably bought the stock on some internet 'hype' investment letter email, with no clue to as to what CSMA does and it's profit potential. If they sell now (for a meager profit) or a loss because they tried to jump on the momentum bandwagon, they will be sorry 1 year from now.

Within 1 year from now (if not sooner) I think the company will get listed on the Nasdaq smallcap and be $4+/share. I believe that the price increase will happen after several quarters of profits AND financials reflecting those quarters.

Last years financials (even though everybody knows it was a loss) would get us over $1. PR's saying that they are at capacity (right now just 1 announced contract) and charging $10/bbl, should get us over $2. The quarter after that (with a profit) should get it to at least $3, if not $4+. Add in pleasant surprises the other 3 divisions of CSMA, and it could be even better.

Kurt



To: TraderGreg who wrote (6500)4/1/1998 7:10:00 AM
From: FawnVu  Read Replies (1) | Respond to of 11708
 
TG, we all know that "reverse split" is a dumb rumor!!! If those have done their own DD about CSMA and understand what they are talking about, reverse split for CSMA is just simply a bad joke!! Your explanation is well written and I hope that it will be of great help for those who are still searching for an answer...For those CSMA long term investors, a great reward is imminent in the near future, not overnight...



To: TraderGreg who wrote (6500)4/1/1998 8:18:00 AM
From: dealmakr   Read Replies (1) | Respond to of 11708
 
TraderGreg,

Per my conversation with Mike Millis on Monday. He stated there would be No reverse split of the stock. He stated that he believes that the stock price will increase on its own fundamental value making such a move unecessary. I agree. Also asked about the formal filings. Mike said that they would be done as soon as possible. Also stated that getting listed was a priority. Also stated getting the Gov. of Utah signature on the bill in 2 days was unprecedented. Lots of good vibes on that call. I am continuing to accumulate at these levels. I know that some see the price still going south from here, but everyone has to decide what is right for them. I do believe that even though the company will start to show some good numbers coming in over the next 6 months, the key is the official reporting status to give legitimacy. Until then we wait and watch. IMO.

Good trading

Dave