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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: jean1057 who wrote (2064)1/20/1999 8:53:00 PM
From: Tadsamillionaire  Respond to of 5541
 
This is my opinion only!
I am in buying more between 6 and 7 cents.
Look at the track record of G/G.
We are actually buying their ability to produce product that sells.
Something that they as a team have proven.Also, I believe we are purchasing shares in their ability to be in contact with the right people at the right time to move that product.
What is a film without the ability to to have it viewed by the right people.
My hope is to accumulate shares at this price and profit from
G/G 's experience and connections in the industry,then get out and go on about my investing. This is a penny stock that has great potential. Just my opinion and yes I am long on MVEE. Tim



To: jean1057 who wrote (2064)1/21/1999 10:47:00 AM
From: Bill McCullen  Read Replies (1) | Respond to of 5541
 
"think that the price around 5 - 6 cents is a great time to accumulate..where else can this one go but up in the short run..??"

How about to zero?

I'm sure lots of folks thought "how low can it go?" when the stock was in the .30 range yet here it is over 80% lower. Its part of the penny stock psychology that convinces people that a cheap stock can't go lower. Well if you buy this at .05 and it goes to .01 a month from now you have lost 80% same as if you bought a $100 stock and it went to $20.

MVEE is down significantly from when IPSO first started warning people that this was a trap. Whether he/she was right or wrong I don't know (it was very entertaining for a lurker such as myself) but I do know that despite recent positive news (SEC filing, movie screenings etc.) MVEE is still sliding. Why?

Regards,

Bill