ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00240

0.0%

Dec 8 11:13 AM EST

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To: Doc Horror who wrote (7316)	6/3/1998 11:13:00 AM
From: justaninvestor	Read Replies (3) of 11850

The crazy thing is this: The Friday close was .81 - if the Monday close had been $1.00, Tuesday $1.15, we wouldn't be having the panic we seem to be having. Any stock that doubles in a day is going to have profit taking - no matter how good the story is. And the MMs will also play their games. But again, if I had told you on Friday that the stock would be trading in the $1.10 range on Wednesday (35% gain), wouldn't most of us be happy. All a matter of perspective. bbruin

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