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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: Eman03 who wrote (2038)1/15/1999 4:07:00 PM
From: Stephen Goldfarb  Read Replies (1) | Respond to of 5541
 
It seems the company released good news, resulting in substantial increase in trading volume, with minimal upward movement, culminating in a net gain of zero. The trading world of paradoxical results. The scenario suggests substantial underlying selling. Any insight into this situation?

Steve



To: Eman03 who wrote (2038)1/19/1999 6:58:00 PM
From: Wait And See  Respond to of 5541
 
Splits vs Authorized shares - Reverse is truly evil

In that case the reverse split is even more evil than I had imagined since that would allow for even more dilution without a vote using the prior authorized limit and the new lower post-split share count.