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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Elio Madama who wrote (967)6/12/1998 10:02:00 AM
From: pennycash  Read Replies (2) | Respond to of 2211
 
I wish NVXE's shares value go up soon so we all can make some money

Wishing and hoping and "someday we'll be rich" and "it can't go any lower" do not make a stock price rise. Increased revenue makes a stock price rise. NVXE has exciting technology but that alone will not cut it. They are announcing mergers and increased spending but not increased revenue. When they start making money hand over fist, you'll start making money. Until then, I'll wait for the price to trickle even lower and buy back in on the rumor of increased sales. After the price spikes, I'll sell and reevaluate the company. If the rumors turn out to be true, I'll buy back in on any dips and HOLD!

Just my two cents,

-pennycash