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 : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (1047)	5/26/1998 12:58:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 6180

2500 shares at 12:13pm downtick. Outta business??!! Come on now. Do you really expect anyone to believe that??!!! <VBG> I've been looking at the technicals on MUCP on Bigcharts. While we obviously took a dip down to the bottom of the price channel here, I'm not especially worried. Money flow remains positive, volume accumulation is currently neutral, Stochastics and Williams %R reflect that the stock is wildly oversold, volume by price reflects great support at this price level.... etc, etc, etc. All of the above indicates to me that we have strong support and more upside than downside here. It also creates an impression that accumulation is quietly occuring at this price. And the 10K reflects all we need to know about the recent financial infusion from the AIME deal. (AIME at $6 1/8 today=$3 million for MSU in equity assets) Now if any of this reflects a crisis scenario, I would like to have that position defined and clarified. I'm in a similiar situation with ECGOF where the stock is dreadfully undervalued, yet the market has yet to realize it. But I take great comfort that I'm buying the fear of others at bargain prices, with the likelihood of being rewarded later on this summer. Take care. All good things come to those who wait. Regards, Ron