Microphonics Inc. (mrps) Message Board

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Microcap & Penny Stocks : Microphonics Inc. (mrps)

MRPS 0.0001000

0.0%

Dec 5 4:00 PM EST

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To: PammyLee who wrote (407)	2/26/1999 8:21:00 AM
From: shk	Read Replies (2) of 8189

From what I understand, owners of restricted stock are required by the SEC to file an "intent to sell", which then allows them to sell a specified number of shares at some future time. This does not necessarily mean they're dumping their shares because they expect the price to drop -- if that was your concern. To the contrary, it could mean they anticipate a rise in the price and want to be able to take their profits. On a separate topic, I have been following this thread and, while I've never before invested in a penny stock, the potential application of this product are impressive. Any thoughts from anyone about a level for me to try to get in today would be much appreciated.

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