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

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To: Due Diligence who wrote (3606)6/9/1999 3:38:00 PM
From: Wait And See  Read Replies (1) of 5541
 
What is going on with the price and volume?

This stock seems to have an amazing amount of volume for stock that hovers between 4 and 6 cents for months on end. The only break from that since the great fall from .38 was around .10 a while back. Why is there such furious activity on such a small spread? Is someone actually making significant money doing short term and large volume on that one-two cents? Are those who hold (printed) the millions shares which dilute this stock gradually unloading them (making a lot of a small something from nothing)?
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