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Microcap & Penny Stocks : MVSI Brighter future

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To: flickerful who wrote (1096)9/7/1997 11:07:00 AM
From: TheInvestor   of 1287
 
My take on MVSI stock movement is as follows:

Assuming no surprise news like Ford deal or MMM, or anything of substantial financial growth.

1. The institutions are very close to jump BIG on board but they are waiting for the next profitable quarter. Probably waiting for the
next quarterly statement in November. Although they might take small nibbles at it between now and then. So, you will see the price fluctuate 1/2 to 1 point. Typically institutions like companies that show several sustained profitable quarters. MVSI is just aboute to complete that requirement. Once, that happens you will see some serious fireworks here. I expect the stock to go from 6-8 to 15-20. Probably by year end you'll be sitting on a 20/share stock.

2. If the market turns bearish with the BIG CAP BLUE chip stocks, it
is possible that alot of people will seek out companies like MVSI
to rest their money. This could cause a fluctuation of a point or
two. It will really depend on what is happening in this market sector.

Hope that helps,
Ben
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