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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential

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To: Rock_nj who wrote (4523)6/14/1999 4:29:00 PM
From: wallstreet.ie  Read Replies (4) of 5783
 
Can somebody Help me out?

MPTV issues IMHO very good news.
Wipes away doubts(mine included) about the company being in business
much longer.They definitely will be.

Over 250million shares sold within 2 days

All this means the bid goes up 3/10ths of a cent.
What is going on?

If the float is 650m , then we have seen about 40% of the float traded
in the last few days.

Have I missed something

Could it be ?

The news isn't as good as it seems?
The loan isn't totally finalized?
There is more than 650million in the float?
The potential of the company was already factored in the price?

I personally don't think either of the above is true but I would love
to hear peoples views on why the price hasn't moved despite unprecedented volume.

When the final announcement of the loan comes will will finally move.
The thing that is really weird that the stock is more or less what it
was when we had a huge question mark over its future
Answers Please.
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