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

To: TraderGreg who wrote (3567)	4/15/1998 4:11:00 AM
From: Ricstar	Read Replies (1) \| Respond to of 6654

CORPORATE F'N VISION. NEED I SAY MORE? No, but since this thread will probably be winding down soon, I might as well get it all out. I can't honestly say that this was unexpected. After all, we're talking about a penny stock - and we all know the risks involved in these little treasures. The chase is sometimes the only real treasure that one gets out of these stocks. This seems to be the case here, at least at this point in time. Our penny stock seemed to be the "real thing". There were lots of "informative" posts, contacts with the main man, Jack Arnold, and hopes of merger news that would send the stock soaring up. But this was also a company that was really nothing more than a shell, selling for less than .05 a share. The CEO was not someone you would find on the cover of FORTUNE or mingling with the industrial elite. He was and is a pharmacist who also served in a position of responsibility with CVIA. That background/double-duty in and of itself should have sent many of us running away. However, we all wanted to believe that you can get something out of nothing so we stuck with the company, rode the highs with Jack Arnold's press releases about the upcoming merger and his confidence in the company, and waited for the big news. Instead, we got JACK! XXX,XXX shares with the potential for great wealth on upward movement have become XXX shares which will never give us the numbers anticipated from our initial investment. At this point, all we can do is let our frustrations out. I can't see selling at this time since such a move would probably be based on anger more than anything else. Hopefully, the new company will make it big, and life will be good. I'm sure that's what Jack will tell us if we call him up over the next couple of days.