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Microcap & Penny Stocks : MVSI - Legit or Scam?

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To: Jay M. who wrote (25)1/3/1997 11:23:00 AM
From: Damon Pham   of 37
 
It really depends on the news coming out of the company. People are buying back into the stock after dumping it the past two weeks for tax loss. The earnings news and forecast have certainly helped it attract back investors.

If they can deliver on the following, the support level for the stock will rise:
1) Land a Big Name Main Market Maker (stock range would be $6-8)
2) Close the eNet deal ($9-10)
3) eNet lands more ISP contracts ($11-15)

Looks like another strong day for the stock. Currently up 1 to 5 3/4 on heavy volume. Lets hope we can get a couple more days like this in a row.
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