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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Jul 27 1:46 PM EST

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To: SusieQ who wrote (2869)3/8/1999 5:22:00 PM
From: xbrent  Read Replies (2) of 8189
 
When BB stocks ascend at high speed as MRPS did you pick up alot of momentum/day traders. The ascent from $1.50 to $2.50 had alot of daytraders in it. It was a great stock to day trade with. Now those are weeded out and you essentially have investors of varying sorts in for a longer pull. IMO we should be able to run nicely past $2.50 before any serious profit taking. I have to assume that most holders of MRPS are looking for something past $2.50 or will just plain hold for the long haul. A number of experienced holders of the stock are setting a target of $5.
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