1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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

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To: rics who wrote (1062)	8/22/1998 12:08:00 PM
From: Alberto B. Plata	Read Replies (1) of 5541

Why is it that when a stock price goes down, a lot of people are quick to conclude that the stock has been shorted. First of all, what is the actual float?? 50 million? 90 Million? When this company became MVEE, shares were exchanged. What is the actual cost per share to the previous stock holders??? .02 ? .05 ? The market will do what it does best....reflect the real level of supply and demand. When MVEE was trading @ .37... a lot were making 200-300% profit is just a short period...many took their profit off the table.... Now...it is consolidating and seeking a support level... Please, I am not bashing this stock, I am long on MVEE, my only advantage was I was lucky to exit at mid thirty,and re-entered at .125 and still on the sideline for more. And believe me.. there are many just like me who are not even posting.

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