SI
SI
discoversearch

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 : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Pepper1 who wrote (2382)5/23/1998 2:00:00 PM
From: Forest Gump  Read Replies (1) | Respond to of 11850
 
IF ME is for real, and it appears so, then the potential of this stock is very high. It should make you good money at your .71 price. Don't let Friday be your barometer.

1. First and Foremost. THE MM'S HAD TO COVER SHORTS IMMEADEATLY. A Name change next week and they would be screwed.

2. The last trading day before a holiday weekend is always a profit taking day.

3. The MM's were very aggressive and coordinated trying to cover shorts, remember this stock had 2 days of 9 mil. trading volumes. That's a lot of stock compared to the float. Took strong stomachs and hands to hold and buy more.

4. It's a penny stock that showed 500% gains in 3 days, don't you think a lot of people took profit and ran. Normally I certainly would have because in the volatile pennies you had better get yours first or you will be left holding the bag. I stayed, potential is to great. No risk, no rewards.

5. Although nobody is right all the time, the people that are playing and promoting this stock are a good tight group that has a great track record.



To: Pepper1 who wrote (2382)5/23/1998 8:06:00 PM
From: Jim B  Respond to of 11850
 
based on what I know of ME/ICVI now and what rumors are lurking
around the corner.. you have done well to accumulate and even
your price per share imo is extremely undervalued...

I will be accumulating next week on any dips and if I can double
my position with available profits from other stocks I certainly
will.

this stock will follow for awhile the path of DGIV.. it's NOT DGIV
by any means.. but it will follow the price patterns if everything
comes together properly.. I just don't see how this stock could
trade under its book value for too much longer.. my opinion only
so you all have to decide for yourselves... but this is one of my
3 favorite long term picks now..

jim