MGBA -- Mingo Bay Message Board

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Microcap & Penny Stocks : MGBA -- Mingo Bay

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To: TideGlider who wrote (34)	2/2/1998 5:40:00 PM
From: Hawkmoon	Read Replies (1) of 50

Agreed!! But there sure wasn't much volume today.... hmmm..... Riley, if you think you can pull this off, all the more power to you. But I would have to feel confident regarding the company's filing status and history of insider selling. Any attempt by yourself to reduce the float provides a prime opportunity for insiders to see into the upswing. This company needs some positive news to force the mmkrs to go long on the stock and cover any short positions. But I agree, based upon preliminary and superficial research, that you may place some pressure on the mmkrs. However, be advised that you may have made yourself a target with your activities with RMIL and they may try to see how much dry powder you are willing to place at risk.... They have far deeper pockets. However, just because I am cautiously interested in what you doing doesn't mean that I sanction the RMIL situation. Regards, Ron

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