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

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To: WVMayor who wrote (153)6/2/1998 4:39:00 PM
From: Michael Baron  Read Replies (1) of 5541
 
After opening up after yesterday's bounce, the NASDAQ overall traded within a 7-point range, while MVEE jumped off home plate running, made a 6.5-point run and stabilized with a 2-cent trading range on almost 10 times average volume. Previous posts have remarked on the tight bid/ask spread; it seems to be working well in favor of long positions. MVEE appears to be independent of market forces (it's a movie stock, and even if the Nikkei falls through the floor, the Japanese brokers will still need to see a karate flick with blondes) , and IMO will continue so long as the story remains intact. CNN: is that interview on the business or entertainment show? Can only be a positive at this stage of their development. What about that feature with named actors?? Anything new?
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