1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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

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To: LegalBeast who wrote (394)	6/13/1998 12:17:00 PM
From: GC	of 5541

Other Valid Reasons for Price Fluctuation... First, I have to say I did sell 1/2 my position because I had a triple from where I started buying(11 1/2 cents). I know I will be sorry if I don't replace those shares but I think I have time. The stock was virtually unknown several weeks ago and then word started getting out and the stock did literally go thru the roof , up 200 percent in such a short time. The selloff was orderly and the MM are being unusally fair as can be seen by the tight spread. They are in business to make money and when there is more selling than buying they do have a habbit of dropping the price and sometimes quicker than when it's going up. BUT LT this is a great play and anyone that is in it for the long haul should do well. So although it will probably be flat for some time, once the movies are more visable, it will rise again. This is a hard lesson for those that just got in at 3/8s and expected it to go to a buck immediately. My prediction, I still believe is accurate and there are still 11 months for me to be proven wrong. So watch out before throwing all your money into something that has just tripled in a month because pullbacks are almost a certainty. Take an initial position after a big move but only if you believe the LT and don't gripe about the MM. They aren't doing anything wrong; some of us just decided to take profits. Traders almost always miss the big ride and I concede I was full of fear when I took some of my money off the table. I was just lucky this time..... Gary P.S. I hope to have an even bigger position EVENTUALLY!!!

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