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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: Capitalism who wrote (1394)10/8/1998 11:20:00 PM
From: bottomfish  Respond to of 5541
 
Cap, Good response. How do you do the math in arriving at $6 per share with $100 million in revenue? Do we not need the total assets of the company inorder to determine book value? Then how much would this type of stock trade above book value?

Just what I thought. This stock is taking another dip before it will come up again. I bought it at .10 per share for the long term. May buy more at .06



To: Capitalism who wrote (1394)10/8/1998 11:33:00 PM
From: Cavalry  Respond to of 5541
 
cap i figured it out, mvee does a 100 for 1 reverse split at 6 cents a share post split the price will be $6, maybe that's what news arrow is hinting about????? if you bet him on his $6 target make sure rev splits dont count. can you imagine how mvee would move with 900,000 shares outstanding, a float of only 300k, it will never happen, imo

cav



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