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


To: Tim Luke who wrote (3469)5/27/1998 10:58:00 AM
From: ayahuasca  Read Replies (1) | Respond to of 11850
 
Tim-
In general I agree with you. However, if you go back and look through the thread there has been alot of wild speculation by some of the mainstays here. As I have said before both here and on the DGIV thread, these wild prognostications are nothing but trouble. I'll bet alot of people bought this stock on the basis of very positive comments made here about near term price appreciation and this was when the stock was in the .70's. (Please dont tell me that no one should base their decisions on comments from a discussion group- I know that but the fact is many people do this). So, with not only the price projections but the constant harping on incoming news people have built up expectations. When things start to stall as they have here, people wonder and worry and ultimately sell. This may not be prudent but it happens. I therefore think we are ALL better served by honest and true facts and reasonable specualtion. News is 100% tomorrow right. That is what has been touted. If it doesnt happen alot of people will run to the exits so be prepared. I wont unless the story changes but those that flee will cause me at least temporary anxiety.

Now, if ICVI is going to get great news tomorrow then why isnt it showing that in the stock. Low volume, declining price.