SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: Cola Can who wrote (2278)2/9/1999 7:34:00 PM
From: Leroyt  Read Replies (1) | Respond to of 5541
 
My opinion is this: First there are daytraders around. Most of the stock traded is not kept for long.

More importantly, I think the MM's are DROOLING over this stock. If the movies sell AT ALL the volume and action on this stock will be tremendous!! VOLUME matters. BY keeping the price down the MM's are driving the volume UP!! Even if MM's are shorting the stock to get volume UP any near-term loses will easily be made back in volume.

If the stock tanks, the MM's win also.

With the LARGE float on this stock, MM's have a LOT of room to short this baby.

Finally, does anyone out there have a realistic understanding of what happens at the screening and when we'll get feedback on the reaction. Also, someone mentioned the movie might sell at the screening but my guess is that this is a RARITY.

I'd very much like to hear from someone who REALLY knows how this process works.

TIA and later, leroyt