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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: jake burns who wrote (690)7/20/1998 10:34:00 PM
From: brodway  Read Replies (1) of 1058
 
Im glad to see everyone having a great time......
Well at least if the stock is not creating any sparks, create your own.
Anyway, things look oversold here. At least thats the way it looks to me. I realize this has been said several times before, and the company has not delivered any substantial news for us to think otherwise, however there is continued interest in the stock as some folks expect big thing from this company. I for one, am a long term investor, and will hold on to my shares for at least the next 12 months, barring any major disasters.
I was wondering if anyone knew what the short position here may be as it seems on is developing. Reason i say this is because the volume has picked up over the last 30 days while the float is still under 300k shares. Sure seems like the shorters have provided the market with more stock to trade.
Any comments would be helpful.

Thanx.

Brodway.
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