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

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To: dkgross who wrote (5283)4/28/2000 12:11:00 PM
From: LC5683  Read Replies (1) of 5541
 
Well....in "98" I bought my first MVEE shares at .14, and kept buying all the way down to .003 last December. At that time I had 1.5 million shares. On the recent rise I sold 500,000 shares. More than enough to recoup my original investment, make some profit, and pay the taxes. Now I am sitting on 1 million shares waiting for whatever! If we drop back down to subpenny levels, three to five thousand dollars for another million shares won't be a bad investment in my opinion. I guess my message is that even if you paid too much for what you have now, try averaging down. Then when (if) it goes back up sell enough to recoup your original investment. Then you are sitting on "the houses" money. Not a bad place to be. As they say pennies are RISKY! It takes time to make some sort of plan work. This one just happened to work for me. Good Luck and LLOOOOOONNNNNNNGGGGGG MVEE!

Regards,
LC
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