InvestorsHub Logo
Followers 35
Posts 7503
Boards Moderated 0
Alias Born 02/15/2012

Re: Turney post# 6308

Tuesday, 10/07/2014 9:00:05 PM

Tuesday, October 07, 2014 9:00:05 PM

Post# of 43716
It wouldn't be a reason for me to jump ship; on the contrary I just took a nibble....didn't like the trading.

As I've been on sidelines for sometime; I did some thinking....
I really didn't think they would bring pps below $1.00 - especially for so long...delisting notice should be around the corner. I told somebody who held that I really didn't think they would play the same cards again....
But I didn't give enough weight to the fact the r/s brought in a whole new group of bag holders (who haven't heard this story yet) as well as funders (who haven't told this story yet)....

The trading based on watching and the action following my buy indicates that the seller is the funder. Any amount of money he can sell his shares for above what he will pay in the next offering is essentially a gain (or discount depending on how you look at it). CVM is going to sell shares to existing shareholders again.

The negative is pps goes down, down, down, IMO.
The positive is the seller believes in the concept enough to fund company again! OR they just like easy money and it's easy money...
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CVM News