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


To: Matt Brown who wrote (4242)4/27/1998 7:24:00 PM
From: K A Anderson  Respond to of 6654
 
"No gut for loosing" answer me this, Matt when is the last time you lost in excess of $20k in less than 2 1/2 hours? After investing in a company over the course of months based on the information being provided by the company.

AOL is the worst place to try and get info, I've read those AOL boards and chat rooms and have never really gained alot of DD off them. Those guys that have wrote down less than a 1k loss arent doing anything but talking and hoping someone intiates legal action so they can "free ride" it.
Personally I wouldnt pay much attention to them. But hey anything can happen...

I dont plan on suing anyone if CVIA tries to set things right, the others can do whatever they want sue buy sell panic ect ect... thats their problem <g>

The lawyers have the contact list so even if I dont go through with it,,, the lawyer can still contact the other people on that list. But they get to foot the $6k bill.

KAA



To: Matt Brown who wrote (4242)4/27/1998 7:30:00 PM
From: Popiye  Read Replies (3) | Respond to of 6654
 
FATT MATT: The companies are more worried about investors shorting the stock for principles of their word. Many of the longs here have not departed and expect the word to carried through that the shareholders were promised - plan and simple:)



To: Matt Brown who wrote (4242)4/27/1998 9:46:00 PM
From: TraderGreg  Respond to of 6654
 
Matt- I have heard instances of former shareholders suing when bad news, which caused the panic selling, is reversed after they sold out and the price rebounds.

I'm not a securities attorney but I think their rationale would follow along these lines. Company issues news that they know, or should have known, will tank the stock. Shareholders bail out, the stock tanks, company then REVERSES itself, does the right thing and the stock rebounds. The disgruntled shareholders feel damaged because they believe their shares were extorted by the company who "planned" this all along to get shares on the cheap.

It may sound ridiculous, but these things do happen.

TG



To: Matt Brown who wrote (4242)4/27/1998 10:04:00 PM
From: Milk  Read Replies (1) | Respond to of 6654
 
Matt,
TraderGreg gave an excellent answer, I don't have much to add. It's my understanding that the 300:1 roll back is going to take place no matter what.
Regards,
Milk