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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: CrazyTrain who wrote (3901)7/21/1999 1:18:00 PM
From: Leroyt  Read Replies (1) | Respond to of 5541
 
Monty:

You're blaming SASI just because they've backed off the bid and the ask?? There are too many others playing a roll here. Price goes down a LOT easier than it goes up. Why is that?

BTW, I hope whoever accidentally got a trade through at 0.44 gets it fixed. Whoever it is: CALL YOUR BROKER and straighten it out. It's NOT legitimate to run a trade through at 10x the ASK!

later, leroyt



To: CrazyTrain who wrote (3901)7/21/1999 1:21:00 PM
From: LegalBeast  Read Replies (1) | Respond to of 5541
 
The situation is like a page out of a history book. The idiots who did no DD, but are relying on the "market pulse" or whatever black magic they employ have already padded the pockets of the MMs to the tune of $92,000 according to a little quick math on the day.

these folks don't realize that the mechanism to do this is that an MM does not have to be in Canada, nor BFEgypt nor anywhere else to do it. They sit at their office and sell shares that the very plainly DO NOT HAVE. (it is called "naked shorting") Later in the day, or the next day or even some days later, they buy shares from the scared little rabbits and make their profit.

My advice to anyone who sold, is selling, or is thinking about selling, is to DO SOME DD. Don't listen to me, and for sure don't listen to the bashers. Find out for yourselves! Then and only then, make a market move!

Personally, my 400,000 shares are locked up tight till at least .25, and if you want guilt by association, then I suggest that you lock up yours. The only way to beat the MMs is to make them pay for the shares they get. Don't give them away!