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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 (2307)2/10/1999 3:40:00 PM
From: Vegas  Read Replies (2) of 5541
 
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!

One thing I would like to throw out there is the possibility that the .01 and .02 cent shares are all gone. Thats why we saw the price appreciate to .102 in the first place. The shares being dumped now must be at a higher price (say .06 - .07) as you can see how the selling stops when we hit .07 I'm sure this is amplified by Day Traders who caught on early and are flipping between .07 and .095

It begs the question, why if you were content to sell at .05 two weeks ago, why now would you stop selling a .07? If you say well they want to wait for more money then why not wait for 1/8th or 3/16ths or $1?

JF
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