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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: Suzanne Newsome who wrote (2106)1/28/1999 4:38:00 PM
From: CrazyTrain  Read Replies (2) of 5541
 
Happy New Year! How has everyone been? I'm still holding MVEE with about 200K, currently. I don't think it's going down from here (not with the tight spread, MM line-up and high volume we saw today). I think the MM's still think they can bring it down as they have in the past and I'll bet many are short.

Rumor has it they want to use some of the movie sales profit to buy back 25 million shares bringing the float down to 75 million. Anyone else heard this? If they do it while they are still a Canadian company would they have to report it? I have been waiting (I first bought at .36) since last spring for this one to get going, but I still think it is going to be well worth it. The bottom line to me is still that we have proven leaders who have done it before in a high profit (high risk) industry.
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