SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Capitalism who wrote (1025)8/19/1998 2:05:00 AM
From: LT  Read Replies (2) of 5541
 
I can tell you this 4 people do not own 70 million shares

Cap is probably right there....but let me share my MVEE experience. I bought 20,000 shares at .12 back in March. After a bit, it began a 30 day or so rise to near .40. Then it dropped like a rock to it's current position. You will hear some on this thread blame this on day traders and "pump and dumpers" this is "BS" The Day Traders hopped on and dropped off in less then a week. They had nothing to do with the total rise and drop. But something did. Was it the fact that MVEE had shares out that were used to buy movie (video) rights etc.? I don't know. But I have noticed that in the face of good news. Such as the new star of "Speedway Junky" the stock isn't moving. I don't see this as a good sign. Any other ideas?

LT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext