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Microcap & Penny Stocks : MGVN - Radiotower.com

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To: Alex SvS who wrote (81)4/30/1999 11:58:00 AM
From: CIMA  Read Replies (1) of 148
 
Thanks Alex. A post from Raging Bull:

MGVN) Message List
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Raging MGVN Links

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By: Russ
Reply To: None Friday, 30 Apr 1999 at 10:38 AM EDT
Post # of 14


Looks like those who brought MGVN to our attention are selling their shares a little at a time to take their profit and not letting MGVN go any higher than around 4 3/8. There were about 1000 shares sold this morning which set the price back to 3 3/4. Hopefully, the 10,000 free trading shares that were allotted to the disseminators of the info on MGVN will be sold off entirely soon and let the stock go. At least they are not dumping all the shares at one time which could have the effect of dropping the price WAY DOWN. However, that would give us an opening to pick up some more shares at a good price.
It is my opinion that we shouldn't look for a fast buck on this stock. It appears to be a real long termer and probably will drive many of us NUTS before it really takes hold of the investment public.
There are not too many investors - at least on these boards - that know of MGVN so I guess we have to do a little PR work without the HYPE.

Have a Great Day and spread the word.

Russ

(Voluntary Disclosure: Position- Long)




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