SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: M.R. Davis who wrote (1985)1/4/1999 3:37:00 PM
From: Wait And See  Read Replies (1) of 5541
 
You are right in this case - but assets do matter

There are several ways to evaluate a stock and in some cases a stock may be a good buy simply because the worth of its holdings exceeds its current market capitalization. Of course the market has to wake up to this fact in order for the investor to profit from the justified upward correction which means this is a buy and hold strategy not an active trading one (not for momentum and day trade types). One good way for that to happen is for someone else to attempt buy such a company.

MVEE of course is strictly potential since it is both cash and asset poor in its current start up mode of operation.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext