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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Honda who wrote (118893)12/20/2003 7:58:15 PM
From: StockDung   of 150070
 
52W LOW: New 52-Wk Low for MRXTE @ $0.035 dn12.5%

FRIDAY , DECEMBER 19, 2003 09:51 AM

This is the 2nd 52 WEEK LOW alert for MRXTE in the past 7 calendar days.

The share price for Marx Toys & Entertainment Corporation (OTCBB: MRXTE) reached a new 52-week low today, trading at $0.035, down $-0.005 (-12.50%) from its previous close of $0.040.

The Company's previous 52-week low of $0.040 was set yesterday on December 18, 2003.

Nine months ago, the Company's shares closed at $0.080. The price has declined more than 56 percent since then.

At the time of this alert, the stock had traded 18,900 shares via 5 trades, 95.63% below it's 20day average of 432,985 shares.

This new 52-week low currently puts the stock:

37.33% below its 20day Moving Average of $0.056
54.68% below its 50day Moving Average of $0.077
74.73% below its 100day Moving Average of $0.138

The Company last released news on December 02, 2003:

"Marx Appoints New Board Member to Head up Business Development and Investor Relations"

MARX TOYS & ENTERTAINMENT CORPORATION
Marx Toys & Entertainment Corporation manufactures and markets reissued collectible toys, and classic games. Marx's vintage originals are highly collectible amongst hobby enthusiasts. Marx branded toys are sold at more than 400 toy and hobby retailers across the U. S. and has a rich history dating back to 1918.
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