MPTVE - Turnaround With Huge Potential Message Board

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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential

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To: Nliten who wrote (4922)	6/30/1999 2:15:00 PM
From: Roo	Read Replies (4) of 5783

Nliten- You gotta cut out the caffeine and MSG. I invite you to look at the performance of BB stocks that have done reverse splits. The reverse happens. The price drops. In fact, I CHALLENGE you to find a BB stock trading under a nickle that did a reverse split and did not suffer a price drop immediately after (sorry, reverse mergers don't count). Perhaps it is you that does not understand what is going on. The buying time in this situation is always post-RS, and after the drop. Then you at least have the possibility of catching a bounce, or better yet, if the RS is coupled with some fundamental change in the company, you may have gotten into a nice situation at an all-time low. Try this on for size: Let's say you bought 100K shares at $.03 and the company does a 1:10 RS. The day of the RS, you now have 10K shares at $3. Now, because the company fundamentals are essentially the same, investors (in addition to bailing because BB investors basically HATE RSes) don't believe the company is worth $3/share, and before long, it's trading at $.625. This price, equivilent to .00625 pre-split, is IMO the best time to buy rather than now.

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