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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 8:02:00 PM
From: Pierre Mondieu  Read Replies (1) of 5541
 
One has to assume the MM's were most aware of the block's of stock for sale. As Suzanne said, if it weren't for us, the MM's would have let it drop to a penny. This is why the seller(s) were happy to get .06 for their stock.

The good news is that alot of that stock is no longer for sale--well, for much higher prices, yes--so without the overhang, the MM's may let it run a bit freer the next couple of days.

Thing is, we don't know if seller is done-done. A lot of stock got cleared though the past few days, and this is good.

Peter
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