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


To: Craig K who wrote (6179)6/1/1998 10:43:00 PM
From: RocketMan  Respond to of 11850
 
Folks, don't sweat the day traders. If you believe in the company;s fundamentals, day traders can not hurt the stock in the long run. All they can do is increase the volatilty, and in the end the support base will be even higher. If they day trade, they will end up taking short term profits and paying taxes and commissions. We who hold long will benefit from the long term appreciation, fewer taxes, and lower commissions. Fundamentals are what rules. What will a day trader do if they sell to take a a short term profit and then the next day, the next week, or the next month there is another multi-million contract annouced? They will have to come back in and buy at a higher level, pushing the stock higher. I will tell you when I will sell. When the fundamentals turn negative.



To: Craig K who wrote (6179)6/1/1998 10:54:00 PM
From: Moonglow  Respond to of 11850
 
Craig,

If there's one thing I've learned in life is to be a realist. Day traders are going to be in every stock.

And we don't have the power to "bring a known pumpster and dumpster" in. He can come in and he can even post whether we like it or not.

I'd far rather see someone like Tmex in a stock than someone like Mr. Forthright, who knows the market VERY well, and who is trying to create doubt among people who perhaps do not know the market as well, and who is doing it under the pretense of being HONEST. I'm sorry, but I don't believe Mr. Forthright. I think he has some other agenda here. But with TMEX, I mean, one knows where he's coming from.

But the final thought lies with my first thoughts. TMEX and Jonathan Lebed and Big Dog, etc, etc. can come in and buy this stock tomorrow whether they have our permission to or not. I'm just being a realist.
And I still say...any buyer is a good buyer. Plenty of people who have been in ICVI since the teens might be thinking of taking profits this week. IF TMEX, etc are buying.....then that helps to cushion the effect of those who might take profits. And when TMEX and all decide to sell, then when the stock dips, it will create an opportunity for NEW buyers. Remember, this stock has some good things going for it.

It might have "pump and dumpers", but it is not a "pump and dump" stock.

Juanita