Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Miracle Entertainment - MVEE -- Ignore unavailable to you. Want to Upgrade?

To: bottomfish who wrote (242)	9/10/1999 1:59:00 AM
From: CrazyTrain	Read Replies (1) \| Respond to of 526

There is no guarantee. Just like there is no guarantee of the price on either companies stock. If MVEE is selling at less than the 12 to 1 ratio then it only make since to buy MVEE stock over buying EINI stock. But after the merger, it will be worth whatever the market says it's worth. Have you ever seen a reverse split and the extremely wide spread which follows? It can be a stand-off. I think it will be like that until either the buyers or the sellers give in and decide which direction the stock will head. If there are any shorters on either company they might cover if they think the stock could take off. Some people who don't understand the 12 to 1 merger will see the higher price and freak and you may see some panic buying (or selling). If the company follows through with becoming fully reporting and becomes a US corporation at the same time, I would expect the stock to rise considerably on that information. I don't expect great financials at this stage of the company's development. I do expect most of their movies to make a profit after they are sold (some more than others) and EINI to be growing and gaining market share.