1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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

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To: jean1057 who wrote (2064)	1/21/1999 10:47:00 AM
From: Bill McCullen	Read Replies (1) of 5541

"think that the price around 5 - 6 cents is a great time to accumulate..where else can this one go but up in the short run..??" How about to zero? I'm sure lots of folks thought "how low can it go?" when the stock was in the .30 range yet here it is over 80% lower. Its part of the penny stock psychology that convinces people that a cheap stock can't go lower. Well if you buy this at .05 and it goes to .01 a month from now you have lost 80% same as if you bought a $100 stock and it went to $20. MVEE is down significantly from when IPSO first started warning people that this was a trap. Whether he/she was right or wrong I don't know (it was very entertaining for a lurker such as myself) but I do know that despite recent positive news (SEC filing, movie screenings etc.) MVEE is still sliding. Why? Regards, Bill

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