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

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To: bottomfish who wrote (4182)8/13/1999 9:14:00 PM
From: Mark McNew  Read Replies (1) of 5541
 
Universal Soldier, The return was featured on Jay Leno last night and this stock still goes no where.

That is probably because it hasn't opened in the US yet. I don;t expect any effect from the movie until after it opens. If we knew some of the boxoffice takes in the other countries that it has opened in that might help too.

The actual # of shares outstanding has not been officially determined yet. The figures being quoted are guesses at best. Every time it gets higher... We all need to just relax a bit until we get some useful information.

How many shares will have to be traded before we see any 4 banger or 10 banger return

We don't need to see shares traded, we need to see revenues... At least that is what I always understood that the market worked on <g>.

Mark
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