1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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

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To: Stephen Goldfarb who wrote (4327)	8/21/1999 6:45:00 PM
From: bottomfish	Read Replies (2) of 5541

According to the latest financials this company has 30 million in assets. Thus 30 million divided by 97 million shares outstanding, the book value of this stock is .30 per share. Stock therefore is undervalued. Major investors are waiting for revenues to be reported and this stock traded on the Nasdq Exchange. When this happens, institutional investors will have keen interest in this stock. Only 12% of the shares floating are being traded on a daily basis. My take is when we see volume in the 20 million range and above price may increase tremendously. Of course 74 million were traded awile back and share price was .06 or abouts. Correct me if I am wrong.

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