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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46
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To: Chris O'Keefe who wrote (2294)2/10/1999 1:50:00 PM
From: Suzanne Newsome  Read Replies (4) of 5541
 
Chris, I trust you have read the posts covering at least the last couple of weeks. It became apparent to me a few weeks ago that there was some strange price weakness on high volume when we were anticipating the premiere screening of "Speedway" with a possible sale to follow. The price continued to weaken when you would expect the price to be strengthening. I posted my concerns and received an explanation of the selling. The information which I was given I had no way to verify, but it did seem to explain the way the stock was behaving. I posted to the thread in general terms my concerns about the amount of shares being sold and my fear that there was much more selling on the way. This whole matter has been discussed much more openly on the Raging Bull thread to which I have also made several references. I would have been happy to see the buying stop, push the price to $.01, and let whomever is dumping 2/3 of the float SELL IT ALL AT 1 CENT! However, since you now own shares, IF "Speedway" sells for a big price, you'll probably come out okay. Be careful; investing in MVEE is kinda like keeping a rattlesnake for a pet! Regards, Suzanne
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