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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: bottomfish who wrote (1225)9/17/1998 10:31:00 AM
From: CrazyTrain  Respond to of 5541
 
MVEE - The stock that most people who have followed it believe will go to the moon... BUT NOBODY WANTS TO BUY A TICKET ON THE SHUTTLE UNTIL 10 MINUTES BEFORE LIFTOFF! I wish I was that smart:(



To: bottomfish who wrote (1225)9/17/1998 10:33:00 AM
From: HairBall  Read Replies (2) | Respond to of 5541
 
BT: But when it tanks at a new support level, I see more higher returns.

What does that mean?

Regards,
LG



To: bottomfish who wrote (1225)9/17/1998 7:50:00 PM
From: Stephen Goldfarb  Read Replies (1) | Respond to of 5541
 
One of the issues of concern is that the price broke below the consolidation area of the previous weeks. Looking at a weekly chart, the previous two weeks were "inside" weeks. The last week had the more restricted range. Price moved below this area decisively. It recovered back into the range, probably on the news release. I am not making a prediction. I do think the move downward out of consolidation is worrisome. There is no technical chart support below this area. The price made a new all time low (two previous low price excursions were reported to be errors).

Steve