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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
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To: HairBall who wrote (1082)8/24/1998 11:58:00 PM
From: LegalBeast  Read Replies (1) of 5541
 
How do I know? ... Hmmmmm ... well lets just call it common sense and personal experience. First look at the volume. The MMs are not making much at all on this one, but they have and will again. If a bunch of panicked investors sell off, then the volume increases. These guys don't really care if it trades at .01 or 1.00 as long as the volume is there. It is plain common sense that not much is going to happen until the flicks go into distribution. So, the only way to make some money is to induce selling. And, the volume is always greater at a lower price than at a higher one.

Next look at the quality of the posts. ALL CAPS and SEE YOU AT .05, etc, etc, etc. All the MO of a paid basher. Look at when this particular jewel first signed on ... just a few days ago and has only posted on this stock.

Maybe I am wrong, but after a lot of experience watching how these guys work, I would bet you a steak dinner that this person is paid to increase the volume. At this point in the game, the easiest way is to cause the sell off dropping the price which will also induce folks like us to buy more, also increasing the volume, and the MM makes a lot more than the sign up fee on SI!

"That" is how I know ... I like my steak rare please :-)
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