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Microcap & Penny Stocks : MSU CORP-----MUCP

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To: Jxcxjx who wrote (2098)1/9/1999 2:00:00 PM
From: Hawkmoon  Read Replies (2) of 6180
 
Your telling me if the stock gapped up to 5 or six dollars a share your not moving any of your position

Yep....

Minus an overall market crash (Brazilian defaut.. etc), I have no reason to sell stock until April when I'll then find myself in the long-term capital gains tax bracket.

But that is very interesting information that the float is only 2.9 million. I haven't done the numbers myself, but I can't say that I disagree with them, especially after Mr. Mclaughlin piled on this past fall to lock up so many cheap shares.

There is no reason that MUCP can't exceed previous price levels should that finally bring home "the bacon" with a multi-million dollar, high volume licensing contract. And the royalty streams would provide a base for continuing income falling direct to their bottom line.

Regards,

Ron
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