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


To: ayahuasca who wrote (4526)5/29/1998 10:34:00 AM
From: stock4U  Respond to of 11850
 
Bought 5000 more today.

CP



To: ayahuasca who wrote (4526)5/29/1998 10:37:00 AM
From: justaninvestor  Respond to of 11850
 
Hi Mark - The news release of yesterday was mainly a verification of everything we already knew. I'm anticipating that next week's PR will be about more acquisitions and other things of which we're not aware.

bbruin



To: ayahuasca who wrote (4526)5/29/1998 10:38:00 AM
From: DG Cruise  Respond to of 11850
 
I agree, for any newbies, just hold and trust that this stock is a great buy at these prices. Myself and many others are holding and holding long. I have 25k shares at .08 and would not even think about selling. Not worried at all, this will take off, just have to have patience. Sometimes it takes several releases before the big jump, and we have already had a 800% increase in 2 weeks. Once we have the big release next week, there will be a lot of info, and the MM's will have to let this fly. We have established our base in the .50-.60 range and are now ready for another 300-400% increase..
Just my opinion.
Thanks
DG



To: ayahuasca who wrote (4526)5/29/1998 10:39:00 AM
From: RocketMan  Read Replies (1) | Respond to of 11850
 
>>see so little reaction to such seemingly positive news <<
Wait a minute, weren't we up 20% :-) My, my are we getting spoiled or what? (just kidding)
OK, here are some fundamentals:
News cycles run over three days, that means there is a three-day impact to news.
Day traders buy on rumour, sell on news, that is good cause it gets them outta here.
MMs try to keep the price down on news to discourage investors.

Heck, DGIV announced a MAJOR 50M contract a month or so ago, and we only got a pop of 50 cents, then gave back 1.50 over the next three weeks. I didn;t care, because the price movement was artificial and short term. DGIV is back up now, in a holding pattern with even more potential than it had back then.

Given that the new administration is not in place yet, that we have not yet changed the name yada yada yada, I think we should be very happy with the 20% pop.