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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
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To: Capitalism who wrote (331)6/11/1998 12:49:00 AM
From: omegaman  Read Replies (2) of 5541
 
Cap, you are definitely the MVEE source, and everyone knows that. But MM squeeze on 50m float?? Thats pretty tough to do. We would need some BIG support with very strong hands and take a real SI share count. We would need to know that 3/4 of the float was in an iron grasp. Looks like your group may have that strength. When looking at the 20M old float numbers it was very enticing to try and grab a 60-70% share(with SI counts). With 50M, we backed off a bit. Ya know, Reverse split fears and all. , Our pockets are not as deep I guess. Now I dont believe that a reverse split is in the cards whatsoever. JMO. We may have a little time to evaluate the situation. Or, we may not.

Good luck to all.

0-man, dreaming about capital gains @ 20%.
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