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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: Suzanne Newsome who wrote (2307)2/10/1999 2:03:00 PM
From: Chris O'Keefe  Respond to of 5541
 
Suzanne,
Thanks for that post. Ugh, I did miss those posts of yours and I'm sorry I did. That'll teach me to go further back on a thread next time. A lot of my web page browsing was getting info on the movie and the actors. There is a surprising amount of info out there for a film that hasn't been released.

Anyway, the movie selling for a great price was the bet I was willing to take from the moment I bought shares. That's still my belief.

Thanks again for your post--I was wondering what was up.
Chris



To: Suzanne Newsome who wrote (2307)2/10/1999 2:13:00 PM
From: MoneyBaggs  Read Replies (1) | Respond to of 5541
 
Here is a link for the Berlin Film Festival:

berlinale.de

Click on the Panorama tab for Speedway Junky



To: Suzanne Newsome who wrote (2307)2/10/1999 3:40:00 PM
From: Vegas  Read Replies (2) | Respond to of 5541
 
I would have been happy to see the buying stop, push the price to $.01, and let whomever is dumping 2/3 of the float SELL IT ALL AT 1 CENT!

One thing I would like to throw out there is the possibility that the .01 and .02 cent shares are all gone. Thats why we saw the price appreciate to .102 in the first place. The shares being dumped now must be at a higher price (say .06 - .07) as you can see how the selling stops when we hit .07 I'm sure this is amplified by Day Traders who caught on early and are flipping between .07 and .095

It begs the question, why if you were content to sell at .05 two weeks ago, why now would you stop selling a .07? If you say well they want to wait for more money then why not wait for 1/8th or 3/16ths or $1?

JF



To: Suzanne Newsome who wrote (2307)2/10/1999 8:02:00 PM
From: Pierre Mondieu  Read Replies (1) | Respond to of 5541
 
One has to assume the MM's were most aware of the block's of stock for sale. As Suzanne said, if it weren't for us, the MM's would have let it drop to a penny. This is why the seller(s) were happy to get .06 for their stock.

The good news is that alot of that stock is no longer for sale--well, for much higher prices, yes--so without the overhang, the MM's may let it run a bit freer the next couple of days.

Thing is, we don't know if seller is done-done. A lot of stock got cleared though the past few days, and this is good.

Peter