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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: star56 who wrote (4851)2/6/1999 10:49:00 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 11130
 
MPTV - One question, what's the float?

99.5% 0f my orders are limit orders.

MHMY I put in a limit order at 4.50 before the open. Too bad I could have had it at 4.25 with a market order.

Nice double.



To: star56 who wrote (4851)2/6/1999 10:58:00 PM
From: Can Do Stocks 2  Read Replies (1) | Respond to of 11130
 
I have talked to MPTV several times...
The end of this mo. is their big deadline for funding.
The land that they have under contract in LV is now
about as prime a spot as you can get. It's 7 1/2 acres.
I have been trying to get a value on it...
I may go out and look at it again. I've seen it once
before. That land alone might bail them out.
My guess is. IMO that they are 40-50 mil in the hole...
IMO if they get things done that even if they have
500mil shares out, they are a .10-.30 stock...
This is just my opinion.
I have tracked them for 6 mo. or so...
This may be the all or nothing round for them...Don't know...
And I talked to them two or so weeks ago...