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


To: K A Anderson who wrote (25)9/10/1998 1:37:00 PM
From: campe  Read Replies (1) | Respond to of 3596
 
The 4,500 shares traded today look like a net gain for the long camp...

The play-by-play the way I see it...

100 sell at 2.00 followed by another 1000 sell at 1.875 resulted in the dropping to bid/ask to 1.75/2.00

This kicked in a GTC buy order for 3000 at 2 and probably a stop loss of 400 @ 1.75 (which lowered the bid to 1.625)

So, bottom line is 1,500 shares sold and 3,000 bought and the MM inventory is reduced by 1,500 shares <g>.

This low volume action price drop is insignificant IMO as we're drying up the MM inventory.

Looking forward to the Phipps acquisition and spin off followed by the rest currently knocking at the door...