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


To: sir larry who wrote (7974)7/16/1998 10:11:00 AM
From: KZAP  Respond to of 11708
 
Sorry about those drops.
It happened to me a bunch of times. But that can happen to
everyone.

Just be glad Mike didn't flip out on you! <g>

Well, after nine months, maybe CSMA will give birth to something.
It's due "any day now".

I don't think you are 100% wrong unless the price drops to Zero.
If it drops 10%, then wouldn't you just be 10% wrong? <gg>

Happy investing!

KZAP



To: sir larry who wrote (7974)7/16/1998 10:12:00 AM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
Sir Larry--Typically, when you see stability and you buy and then immediately you see a price drop, there is a simple explanation for this.

(Before you read this, I am not talking short squeeze crap or anything like it, just business as usual)

The broker who sold you stock probably didn't have it inventory. Rather than lose credibility with your broker and lose him as a customer, he complied with your request by shorting to him(you). Now, this is not some hatred on his part, just wanted to keep things liquid.

Having sold short and wanting to cover, he will now drop his bid to cover the short sale and get flat again, waiting for the next transaction.

Happens every day and has nothing whatsoever to do with hating or loving a particular stock.

TG



To: sir larry who wrote (7974)7/17/1998 7:31:00 AM
From: Gary Jacobs  Read Replies (2) | Respond to of 11708
 
you "flipped out" on the man because he couldn't tell you what you want to hear? hmmm. then we wonder why communication is so strained between the company and investors. i'm no less anxious than the next, and equally tired of waiting. but i don't think anyone is sitting there with his finger on the button trying our patience. we've all bought and watched it drop so no special award there either. <ggg> ease back in the rocker and relax for awhile. regards.

gary