To: Sean W. Smith who wrote (8453 ) 7/15/1998 12:50:00 PM From: TechTrader42 Read Replies (1) | Respond to of 12039
Well, speaking of Vegas, the Provocateur writes about MPTV: To protect themselves, the Las Vegas property had been hidden under a third party until all the paperwork and financing could be put in order and full title will soon be transferred to MPTV. That seems like a wise decision, of course. How could technical analysis take into account all the vagaries of such a deal? It certainly is an undaunted crowd at the MPTV thread. One plucky investor had the misfortune to plunk down more than 7 cents a share, and he's still hoping for a reversal at 2 1/2 cents. (Will we get any copper ha'pennies when we divvy up our winnings, Gov'nor?) I wonder whether it's market makers that are handling this stock or croupiers. And what a game crowd of marks, to be sure. At least they do their DD (the Provocateur's acronym for due diligence). He's in the process of summarizing 150 pages of information for the group, and the high-rollers are eagerly anticipating the results. Another resourceful MPTV investor seeks more information on a "court decision" of some sort. (One hopes this Dickensian tale ends at Chapter 10.) He wonders: "Is there anyone among us who lives in Vegas and has a bit of time on their hands?" In Vegas, with time on their hands? People don't even eat there. Just one more throw of the dice, and I'll be with you, OK? As for the thread's title -- "Look for a major move" -- I just hope the move isn't overnight, under cover of darkness. Yes, technical analysis is not nearly as entertaining as old-fashioned DD, I must agree. Still looking for "a major move" in the price Brooke