....one smart cookie..., page-18

Unfortunately, you are quite right Archie. Soph holders have nothing to offer than their money at a small discount hence the ocassional fall back (or under) the negotiated price. NO prospectus and the rules are the rules. The 4m at 27 odd yesterday was intriguing. This is the market and how all companies get off the ground so luck to all. IMO, the soph investors know more about the company's prospects than the actual company does (mostly).

While I traded CVI up to 22/22.5, I have entered at numerous points now so I am a dweeb but hey.....it's Christmas!