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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: thomas a. burke who wrote (1012)8/17/1998 5:21:00 PM
From: thomas a. burke  Read Replies (2) | Respond to of 5541
 
Have lost 72% of my original investment and watch it sink further into obliviion day by day. Unfortunately I bought in at the height of the PUMP and was changing brokers during the DUMP. Nothing to do now but hang on and hope for good news and revenues.

Funny thing about this company is that they have leaders who have succeeded before, movies in progress and some amount of star quality. I think those who pumped and dumped may have short-changed themselves on this company.Hanging on.

Tom B.



To: thomas a. burke who wrote (1012)8/17/1998 5:27:00 PM
From: sunnybit  Read Replies (2) | Respond to of 5541
 
I followed the charts of MVEE for some time. If I'm not too much mistaken, then during the low volume trading days there's always a small trade of a few hundred $ just before closing which pulls the day down a fraction.
This gives the impression that the stock is permanently eroding. Somebody must have an interest of doing this.
The situation continues as long as there are sellers at this incredible prices ( I think we just have reached about book value with a forecast of a possible EPS of .30 )
Anyone out there to help me understand this?
Thanks already for your thoughts.
Paul