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 : MegaWorld Inc. (MEGW) -- Ignore unavailable to you. Want to Upgrade?

To: jake burns who wrote (370)	4/15/1998 12:29:00 PM
From: jake burns	Read Replies (1) \| Respond to of 1058

After the first transaction on Monday, which was a sale of 1000 shares, everything else has been a buy: 500 shares @ $1.25; 4000 shares @$1.25; 1000 shares @ $1.50; and now, today, 300 shares @ $2.00. Actually, anything under $3.00 is THEFT; from $3.00 to $5.00 is investing with hardly any risk; and from $5.00 to $12.00 is smart investing. Remember, as Bob DeHaven said in an earlier post, to get off the bulletin board and onto the main nasdaq listing, the stock must TRADE at $3.00 for 45 consecutive days. The Brits didn't buy 51% of Megaworld for fun and games. The reverse-split was to get on to the main listing....It doesn't take a genius (but does require a leap of faith) to figure out that they have news which will insure trading at or above $3.00. Remember what George Levy has told other shareholders: the Brits are bringing in assets that will propel the stock to its old pre-split high of $4.00 (now $48.00) a share. Of course the $64,000 dollar question is, 'Do you believe him?' If you do, well, then put your money up and steal this stock at $2.00-$3.00. I don't know if the stock can hit $48.00, but based upon their assets, it's definitely worth $12.00, and upon the announcement of further news (supposedly coming in 1-2 weeks), the stock should spike. 5,000 of the shares purchased Monday were mine, so I now own 20,000 shares post-split..., so don't respond by telling me to buy more--I think I own enough. Good luck.