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


To: K A Anderson who wrote (3981)4/20/1998 11:16:00 AM
From: R Jennings  Respond to of 6654
 
Well just emptied my car of spare change and bought 28k.
Here's the reasoning,
1. Most companies do not reveal the reverse until after it happens (at least the ones I've seen).
2. As it was preannounced I think the majority of the damage has now been done.
3. The very few other reverse splits that I've watched that have a news event with them (ie a change of business ala Quil/Lfie ) have been stable at the new price so I thought I could safely average down.

Just wanted to warn you as whatever I buy usually goes down soon after so apologies in advance.
Rob