GREY:VMSTF - Post by User
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One day...on Nov 03, 2004 4:09pm
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Post# 8128834
RE: rollback the stock
RE: rollback the stockOh ya, that's why thee allready is a fund that picked up 800,000 plus shares at .27 and Take a look at SI, very similar revenues, almost identical amount of shares, same industry, 4 brokerage houses with coverage and targets, and at least 4 different funds invested........but no fund will touch a stock that has 90 million shares.
Too few shares also makes funds cringe, because then volitity and lack of volume become controling factors, rather than fundamentals.
If your broker were so good, he wouldn't have you as a customer......instead he might just be buying VMs for a fund he would be managing....kinda like the fund discussed earlier.