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Microcap & Penny Stocks : Miracle Entertainment - MVEE

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To: Tim Davies who wrote (326)10/7/1999 5:31:00 PM
From: CrazyTrainRead Replies (1) of 526
 
It's not hard to be out of debt when you can just print as many shares as you desire:( I'm sure glad they are cleaning up these BB stocks. Right now I wish I had never invested in any of them. MVEE has to come back a long way for me to break even. I almost sold last year for the tax write off (@.09). I feel really stupid for believing in this company. I now know to NEVER, NEVER, NEVER trust a non SEC reporting company unless you are just playing a MO-MO. No matter what a great story the stock has to tell if they are not SEC reporting do not buy and hold. I will say nothing in favor of this company until they show us ALL the numbers (which have been promised for over a year)!!!

BTW Tim, an RS is purely psychological. Once it happens the ratio is really not a factor. I have seen on rare occasion where a stock went up after an RS when very good news was released at the same time. As far as the MM's and shorts go they will hold and may short more unless the number are really good and it looks like continued growth (lots of if's).
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