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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: StocksDATsoar who wrote (22914)1/28/2000 7:30:00 AM
From: myturn  Read Replies (1) of 150070
 
MGHCE, my honest take on it. I was surprised to see it run as high as it did the other day. I was even more surprised to see so much profit taking. I was sitting there watch level II and when it hit .08; it looked like it was going to breakout.
There were 4 MMs on the bid with only one on the ask at one time. Those MMs are pretty sneaky though. They can make a stock look strong; so they can sell some high, then turn around and pick up cheap.

Me, I will hold til I see the PR from the company.

It is expected to be out next week sometime.

I anticipate it going back up today.

I believe some of those who took profits above .07 will bite again today in anticipation of the PR next week.

JUST MY OPINION.

THIS IS NOT A RECO TO BUY MGHCE.
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