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

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To: Banditjrjr who wrote (1979)1/2/1999 4:25:00 PM
From: LegalBeast  Read Replies (1) of 5541
 
Whoa, wait a min ... all of this talk about book value is nice in that it is basically right and it is also basically wrong. The value used to come up with .039/share does not take the potential value of Junky or Delta into account. Like I said in the past, once the movies are actually sold, you will see the stock price move up. That is for two reasons: One, profit is being made and the real BV may be calculated, and two, more funds will be freed up for making even more movies, and therefrom, more profits. So have some patience and just wait it out!
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