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Microcap & Penny Stocks : ICVI (now MTEI)
MTEI 0.002400.0%Nov 3 10:00 AM EST

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To: DG Cruise who wrote (5561)6/1/1998 9:53:00 AM
From: RocketMan  Read Replies (1) of 11850
 
Yes, folks, hold on to your shares. There is tremendous buying pressure right now. Expect the usual head fakes later, usually around 10:30 and then again after lunch, around 2 or 2:30 when the MMs get a real upset stomach from all the money they are losing.

About news at the end of the week, we do not know that. Remember what I said, they are moving into their new offices. We are long, and only day traders should focus on what day news comes out. It is very tricky to time these things, and a good way to lose money if you time it wrong. However, I feel confident that over the next two weeks we will get good news, because MEIT will have had time to settle into their new offices.
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