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


To: K A Anderson who wrote (3799)4/17/1998 9:40:00 AM
From: sean  Respond to of 6654
 
Looks like we are going higher again, not much volume though!!



To: K A Anderson who wrote (3799)4/17/1998 10:08:00 AM
From: noraghfs  Read Replies (1) | Respond to of 6654
 
KAA,
Glad to catch up on this thread and find out you will give CVIA/WOTD a chance. Those further upset by this have to put their emotions on check for a while and THINK.

If CVIA and WOTD want a NASDAQ listing, their decision was a disaster because it backfired... It backfired because of shareholder REACTION.
Once again the logic behind the split: post split value of $6 per share. If selling happened, a worst case scenario of $4 (NASDAQ requirement). The value now of $2.70 just doesn't cut it. It ruins their plans. The severe reaction really had to be a surprise.

The other thing to keep in mind is the potential of the reduced number of shares. When there is sufficient interest/support in a stock with a small float, the potential for a swift increase in stock valuation is great.

Now the question of the hour: What can CVIA/WOTD do to reverse the damage that the reverse split announcement has had?