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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: Neurogenesis who wrote (556)7/6/1998 9:45:00 AM
From: myelin2  Read Replies (1) | Respond to of 5541
 
After all i learned with my OTC investing i am very picky finding an entrance point for establishing a position (that's a good advice in general). This exchange is the stock exchange of the "poor private investors" - granting a P/E of only about 4 actually. So, if they will close with about 900.000$ with 90.000.000 of shares outstanding this will give an actual worth of 4 cents. Everything else is pump. I will watch this stock in the next months - but not buy in at these levels.
It may have a rigorous upside potential if management acts congruent to their announcements.

Manfred