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Microcap & Penny Stocks : MXMX MediaX Corporation

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To: james reinhart who wrote (240)8/6/1997 1:50:00 AM
From: John Leach   of 955
 
This stock is not very popular yet on SI......

That's fantastic.......stocks with big followings on SI tend to get overbought and oversold very quickly.......right now the only buyers are those who have done a lot of research into the potential for this company......

I heard a rumor......

A press release is in the wings, that has the potential to move the price of the stock all the way up to $3.......the bad news is it was delayed until next week.......this is just a rumor......

I also heard things are being taken care of so shareholder value will grow steadily and not enter into a state of volatility......it does seem as though the stock has nice support at 1 1/4 now......and should bounce off of that point every time it dips.......for the time being we can expect to see some steady buying combined with some mixed profit-taking.......

I'm holding this one for awhile.....

Stay tuned.......

John

BTW......Bob.....still watching those ATI Aug 35 calls?......a 6 bagger from my entry point had I bought......could a', should a', would a'!
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