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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Spytrdr who wrote (1390)5/21/1998 2:01:00 PM
From: Jack of All Trades  Respond to of 11850
 
I doubt there is a large short MMs would not take my shares back when the stock was at .73 X.75 I had a limit to sell 8K @ 47/64 = .734375



To: Spytrdr who wrote (1390)5/21/1998 2:06:00 PM
From: RocketMan  Respond to of 11850
 
I can guarantee you one thing. We dgiv'ers may not hold ICVI for the long term, but our goal is a heck of a lot higher than what we are seeing right now. Clue: book value = $2.85 initially, more like $6 when it all comes out. P/B for the industry = 1.5, which means a $4.38 price intially, $9 when it all comes out (I'm talking in days for the rest of the annoucements). Don't know when the price will follow, but it won't be long. Now, suppose, just suppose, the company turns positive earnings later this year. Now the p/b is 3, and the price goes to around 20 bucks.

So, do you think we dgiv'ers are gonna settle for 80 cents? ROTFL. We are looking for dollars.

By the time we leave, the oil investors will be here and take this baby to its ultimate level. I would ride it out, but I am a dgiv-a-holic, and a tech guy, not into oil. And I'm not looking for a 20 dollar company, but a 100+ dollar company.