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

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To: jhild who wrote (3092)5/11/1999 2:25:00 PM
From: CrazyTrain  Read Replies (1) of 5541
 
It's not hard to spot the newbees! They are the ones wondering what happened? This has been a textbook "buy on the rumor and sell on the news" P&D.

Does the company have a lot of promise? Yes, but it will take some time to gain credibility with the number of shareholders who have been burned on this one (more than a week for all you "longs" who recently joined us).

What is holding them back?

1) There has been a seller who seems to have a bottomless pit of shares to sell.
2) The sale of "Speedway" (been waiting too long for it to happen)
3) File with sec (been hearing of it way too long)
4) Don't issue any more shares or give away our profits to private placements.
5) They need to focus. When I first bought MVEE it had a retro appeal as G&G rejoin to make low budget action films. I was not pleased when I heard the first announcement of "Speedway". I don't know the new management. Golan seems to be able to attract some name stars but I have no idea what type of movies they are going to make now:(

P.S. All I ask is that when you guys (and gals) leave for your next play that you take jhild with you.
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