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

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To: star56 who wrote (2227)2/8/1999 1:39:00 AM
From: LT  Read Replies (1) of 5541
 
Why did MVEE spike back in June 1998?

Ah there is the $64,000 question. I bought MVEE in March of 98 for .12 a share. I was thrilled as it slowly rose every day to .39 in June. I was up big time on my 30,000 shares. I had thoughts of adding to my position. Then just like someone pulled the plug the stock started tanking. I finally sold at .23 and saved some of the gain. The rest is history. It went to .05. Folks on the thread attributed the loss to day traders. No way that's going to sail with me, something happened back then causing the drop. I wish I knew what. It's never really regained much since. I apologize to those who have already heard the story :(((

Just wish I knew all that was going on with this company....

Regards

LT
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