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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Nov 11 4:00 PM EST

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To: Due Diligence who wrote (328)2/25/1999 1:07:00 PM
From: Dave Gore  Read Replies (1) of 8189
 
DD, thanks for pointing out one MM trick of selling amongst themselves, either legitimately or to scare investors.

We will watch for headfakes, too, but let's be patient and not worry about the minute to minute pricing action.

I hope now that we know how good the company and their products are (i.e how good the fundamentals are) that we can take a bit bigger view of it all and be patient.

I am going to be analyzing the stock now on a WEEKLY basis. I only do that when I am feeling comfortable with a stock. Of course I will watch it with lots of interest, but not worry about it. Sometimes you can get too close to a stock and forget that "ROME WASN"S BUILT IN A DAY". How's that for a cliche...lol

When you find a stock like this, you want to ride it for all it's worth, which uusually means a jaggedly uprising line over a period of weeks and months. Many will sell too early I feel and that is fine and healthy. It builds a higher base as more investor type individuals buy in, which is very very good for the long term appreciation of the stock.

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