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


To: V$gas.Com who wrote (4293)5/28/1998 7:42:00 PM
From: A. E.  Read Replies (1) | Respond to of 11850
 
Robert & bbruin.Yes that is very good however,There are many stocks that went up 20% today without having as many shares traded.So all I want to know is why the big deal about the amount of shares traded?ICVI has more news releases coming out next week and will rise no matter how many shares trade.The huge amount of shares traded is somewhat the end result of the stock being good and people realizing it.someone please let me know if I'm wrong to think that way. Thanx
and as always....FLY ICVI/ME....fly......8-)



To: V$gas.Com who wrote (4293)5/28/1998 8:19:00 PM
From: Kurt_Ruckus  Read Replies (2) | Respond to of 11850
 
20% is ok... but having bought this stock at .75 and watching it drop 40%(?) the next day, I'm eager to see it have infe type gains today. Still, today's gains restored my confidence in this once. Now if I just hadn't bought PLNM...... Kurt



To: V$gas.Com who wrote (4293)5/28/1998 9:32:00 PM
From: RocketMan  Read Replies (2) | Respond to of 11850
 
This is just a conjecture, but I think one of the reasons why we do not run up as fast as, say, INFE, is because we still have the old name. New investors that don't do a lot of DD are understandibly put off when they see a casino cruise company that is now in the energy business. They would not understand about the shell and the reverse merger unless they read through some things.

Having said that, I think that is healthy. It is healthy because that means that people who buy have done DD and are strong hands. They last thing we need right now are a bunch of day traders or pump and dump artists running through here. I would gladly trade nice steady gains over an extended period over large gains that with high volatility.

The drop the other day was from shortsighted people taking quick profits, from day traders, and from MMs using that to their advantage to cover their short positions. Now we have a much stronger group of investors, and as more news come I suspect our gains will be much better, even though I will gladly take 20% -- heck I will take 1% a day if I can get it. Keep in mind that the dow is returning an average of about one tenth of one percent per trading day.

But when the name changes, bar the door, katy.