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: Cola Can who wrote (2099)	1/28/1999 9:31:00 AM
From: Micropicker	Read Replies (1) of 5541

Big guys vs little guys. You can't tell the big guys from the little guys by looking at the size of the trades. When I say big guys, I'm talking about people or groups with millions of shares. They can't just go to a MM and say, "I'd like to dump 3 million shares on you today". If they try that then the MM will say, "I'll take them for 2 cents each". So the big guy breaks up this 3 million into 100K chunks, and patiently trickles them out, trying to wait for enough buys to hold the price up. It's classic.....the mutual funds do it all the time with "real" stock. The reason I state that the big guys are selling is that the selling pressure is continual. If I sold 100K for $5500 I could be a little guy--sure. But if I do it 3 times every day for 2 weeks, then I'm not a little guy. You can't tell as easily on the buy side, since both big and little guys accumulate in smaller blocks. Good chart analysis can give you a hint, and we may be seeing that. I agree that two weeks out is too long for most day traders. I usually try to get in ahead of them and wait.

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