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Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Jan 9 4:00 PM EST

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To: learnstocks who wrote (3906)3/17/1999 7:08:00 AM
From: Jon Scott  Read Replies (1) of 8189
 
With BB stocks, that's generally all you get is potential.
Regarding your investment decision...
You made 1/2 of it when you bought. Obviously, you're not happy with it. You can't expect to hit every low when you buy. The difference between $1 and $2 is relative right now.
The Russo situation will not affect the company's future in any negative way, so it doesn't bother me. Consider it part of the MRPS learning curve. That's why I stated earlier the relief in learning of them hiring a CFO.
And reverse mergers are a common means of quickly going public without the normal red tape.
Again, if you have concerns, call the company. Better yet, you're in VA. Drive down,
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