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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 (1450)	10/28/1998 2:39:00 AM
From: CrazyTrain	Read Replies (2) \| Respond to of 5541

It is progressing just as I predicted. Check my post from a couple of week ago. Just like I said the price stabilized and dipped a little on low volume days. The small run-up this week has also been on low volume because the festival is starting in less than a week. Will the price rise quickly on good news of a film sale? I think so. Will there be some selling into the news? Probably. Why? Because it is normal in the high risk/reward world of penny stocks and has nothing to do with the long-term value of the stock. Will MVEE establish a much higher trading base? I think so. What would it take for the stock to continue climbing and eventually become listed? Investors with deep pockets who will get involved when MVEE becomes fully reporting. Look through the cast of stars that G&G have worked with over the years. Do any of them have deep pockets? That is one of the major differences between MVEE and a host of other good BB companies that will never be able to leave the pennies. G&G have already done it once before and it won't take much success for them to get the attention of the Film Industry and the investment community. One major release on the big screen with any success at all and investors will line up to get on board (at a much higher price). The films themselves become a major advertisement for the stock! Someone mentioned the float. The OS is 90 million and the float is 50 million. Many large cap stocks have a lot more. You just have to leave the BB mentality and think like a listed company. Also, anyone who has studied the trading patterns of MVEE stock must agree that it moves very quickly on days the volume is over 2 million. Which leads me to believe two very important things: 1) Most of the float shares are in strong hands (real investors). 2) The MM's appear to be afraid to short it because they too see the potential. Do your own DD. Happy investing.