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


To: BigDaddyMac who wrote (4417)5/29/1998 2:09:00 AM
From: Mike Ankley  Read Replies (1) | Respond to of 11850
 
Looking back on todays and the end of Wednesday's price reaction, I'm inclined to believe that the publicity of ICVI on the Penny Stock Investors (PSI) Web Page may have played right into the MMs hand, especially at the end of today.

pennystocks.net

I would have to suspect that many people from PSI could be classified as Day Traders. Combine that with the fact that it was posted on PSI that big news was expected anytime ... news came out today ... they rode for the day and sold.

I wasn't on the MIRC chat - was there any reference to the PSI people to check out the long term info available here on SI? The DTs are always going to be buzzing overhead. Converted to LONGs, along with all the other things we have going - majority of float, great DD on an explosive company, the ascension upward will lose alot of its jerkiness IMHO.

Cheers

Mike