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Re: Wallstreetman post# 4605

Wednesday, 08/27/2008 5:23:19 PM

Wednesday, August 27, 2008 5:23:19 PM

Post# of 5096
His personal comment aside, the core concern regarding CVIC is one that I'm sure many of us worry about. That's why its very common for the foreign RM otcbb companies to get these insulting valuations, and why I now think cavico is probably fairly valued at these levels considering the risks. To me, the burden of proof on these companies is too prove they ARE for real. In this sideshow stock market known as the OTCBB, share structure and how its managed IS almost everything. Cavico has some proving to do in this regard. I don't care what the market cap is, there is no good reason to have 100s of millions of shares trading at under a buck, forcing you to remain on the OTCBB. Companies that are serious about uplisting don't let that happen.

....Oldherder's personal comment was probably inspired by the involvement in deep penny plays. Frankly, its only natural on his part, even if not on topic or worth bringing up. There's really nothing "investment worthy" down there, all those .01 or .001 stocks really are scams, imo.

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