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

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To: Suzanne Newsome who wrote (2094)1/28/1999 9:45:00 AM
From: Micropicker  Read Replies (1) of 5541
 
Suzanne, are you in or out?

<<There is no reason to buy this stock until the endless selling ceases.>>

That is the hundred million dollar question.....

No one knows when the endless selling will be over. What if it ends today and the MMs suddenly see 500,000 buys and no one is selling? The price shoots back to 12 cents in short order.

What if "the deal" is announced in mid-February. The sellers may stop (they want to sell at a higher price too) and a big volume of buyers could shoot this thing a lot higher.

There is a reason to buy now--it's cheap. Will it get cheaper? Maybe. Will it get more expensive--we hope so. So I'm in now, and I agree with you--if the price keeps dropping, it's time to average down and buy more.
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