To: myturn who wrote (4475 ) 6/12/1999 10:23:00 AM From: Popiye Read Replies (2) | Respond to of 5783
"It is anybody's guess, but I see .05-.08 within reach on Momentum alone come Monday or Tuesday." Nice slow upward movement is great, but expect a gapper - Monday. Two pennies a week for the next year would be okay (LOL). But, IMHO, when the deal is signed-off next week and a PR is announced regards financing and the other unknowns we shall see a good spike in the value of owning the companies stock. Also, this weekend a lot of folks are going to be reading about the outstanding potential MPTV has, and at the present low cost per share, this company has only upward price potential IMHO. The MM's will have a hard time keeping this price low with the present volume as the float is being eaten up by a percentage of strong hands with every trade. The day traders will provide the volume, momentum, and they also will hold a percentage of their trades, so we all will have a win-win situation over the short and long term. Given the volume, possibly another ten trading days, and the MM's will be searching for shares to buy from us. And it will be our individual choice to sell or hold long term. I hope everyone holds until at least the float is gone and watch the shorts and off-shores scramble for our shares. If we do not sell.. the price per share will fly. Supply and Demand. But, Please remember: very soon the naysayers will be showing up to cover their short positions from Canada, off-shore accounts, and other unknowns IMHO. The dynamics of the BB world are awesome, and the fun, and profit for all of us longs has just began, with the completion of the first day of trading (11JUN99)for a company that has just won in court. Best wishes:)