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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: Leroyt who wrote (4770)11/1/1999 7:49:00 PM
From: Tim Davies  Read Replies (1) | Respond to of 5541
 
it would look like the mm are trying to lower the price to cover.. in any event.. just cus someone bought .. does not mean someone sold..
this apst month the float has gone .. unless its billions of shaeres.. and they would be still tied up..i think tc.. hadid have been sucking the stock up.. heck they may own 3 times the float.. i know when i though tthe float was 80 million i stopped at 8 millon due to the registration thing..
and i admit to dumping for a small profit.. but it wasnt worth it.. im in for less now.. but longer
tim



To: Leroyt who wrote (4770)11/2/1999 3:54:00 PM
From: Telemarker  Read Replies (3) | Respond to of 5541
 
Leroy, we have seen this before, no?

News = big volume = no change in share price = float has just been increased.

Is there no level at which these chaps won't continue to sell shares?

Regards.



To: Leroyt who wrote (4770)11/10/1999 12:09:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 5541
 
It looks like Tony Cataldo is sensitive to investor concerns:

Cataldo added, "Many concerns have arisen regarding the increase in the number of company shares outstanding. To restate a point from our recent earnings release, the company has paid consulting fees in cash and company stock to actors, producers and writers, fees that have brought value to its shareholders."

Maybe the stock price had gone down lower than he wanted or its time to increase the investors confidence to make the stock price go up.

Timing... timing... timing