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

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To: Capitalism who wrote ()3/7/2000 6:51:00 PM
From: Wait And See  Read Replies (2) of 5541
 
WHO GETS THE .80-.90 trades ??

that supposedly happened around 2/29-3/2. That is more than a little spike or bid/ask spread. And I had a limit sell for .15 through that time but AON on about 200000 shares.

I have often wondered if sub micro caps like this could be utilized as a money laundering service. Crooked MM's gradually work the enormous float into the tiny .002 area as MVEE was. Then Tony the Don's investment guy buys a one or two hundred grand worth, small enough to be hardly noticeable in the big world. Later the Don buys them back for .84 with the help of his pocket MM, and Voila! money has been laundered. I am not saying this is what's going on, but there is something peculiar about some of these trade stats.

So what is the legitimate story behind the random .84 + trades on days that open at .08 and close at .09 ? Not to mention that some trades in .12 area apparently occurred in December when MVEE was still in .01 area for the rest of us.

long on MVEE (and negating my intelligence doing so?)
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