MRPS price target $6-8 according to the info below:
Posted by Wizzard February 25, 1999 at 18:59:48:
I would like at this time to give some insight on the trading in this stock. First, I am looking for a strong news release sometime tomorrow morning. Second, there should be more PRs. to come next week. I have reason to believe that contracts are being negotiated that could equal or exceed GM and Ford. Next, on checking with the transfer agent on monday, I found the outstanding stock to be, in round numbers, 9.9M shares- today its 9.4M shares. Somebody just had 500,000 shares cancelled and I have reason to believe they are now short and are trying, with help from certain MMS, to put pressure on the stock to keep it from lifting. I also have reason to believe that several large brokers, one from Merril Lynch, and there clients (possible GM and Ford big wigs) are , and I mean are - buying the stock. I believe the float (3.8M) is being taken out. I here that the investors at Merril have a target of $6 to $8-soon. Don't forget, the news release says Microphonics and GM. Look for this stock to have wide receiver legs. The forthcoming news will be tremendous. The management is the best you can get- THEY DELIVER. I wish the gentleman thats short 500,000 shares alot of luck- You"ve got a problem. Anyone-post this message on SI or any where else this stock is being followed fyi. Remember fellow investors, the "racers" will back us up tomorrow. |