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

To: Kurt N who wrote (7568)	6/14/1998 12:28:00 AM
From: TraderGreg	Respond to of 11708

As I said earlier, you won't have to pay $3. If by some chance it was a turbo charged run to $3, then as night follows the day, it would pull back. But more importantly, and we should all recognize this since a significant number of you have PMed me and others about this, there will be very substantial resistance in the .60 to .80 range. The Coco express will be doing several overnights in that range. But in the event it should "blow" through that range, you'll still be able to get in well under $3. Revisit TG's Three and One Third Rule again. But I'd still rather take a .35 to $3 run over a $3 to $15 run , for the same initial investment. BTW, as I projected earlier, even $5 per barrel is a pretty nice cash stream for 7500 bbls/day. TG