MEGACHAIN.COM LTD (OTC-BB: MGCN) Message Board

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Microcap & Penny Stocks : MEGACHAIN.COM LTD (OTC-BB: MGCN)

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To: francis terry who wrote (144)	6/16/1999 3:40:00 PM
From: Blue Voodoo	Read Replies (1) of 191

More mm games on MGCN today - do you think any actual investor would sell for 81 cents (far below the previous month's low) just minutes after thousands of shares were bought at $1 ? Clearly that spike down was an mm fiction, as the subsequent rise today proved. The actual floor on MGCN seems to be 98 cents - the mm's happily claim to drop the price far lower, but they always only part with a token number of shares before scooting the ask back up over a buck. Times like this when the stock is cold and the mm's are accumulating shares for the future are the best time to buy. Francis, I'm not day trading this one, so the fact that its chart looks bad to you is fine by me. I like to buy my medium and long term holds exactly when their charts look the worst (check out what the chart on AWRE looked like last Fall when I bought it). B.V.

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