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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: Hubert Few who wrote (2361)	2/12/1999 12:29:00 AM
From: CrazyTrain	Read Replies (1) \| Respond to of 5541

Your right and that is why I don't post much unless I learn some real info. I see a lot of new names on this thread...welcome aboard. I have read every post on this thread and I have watched my stock rise from $.36 to $.39 and then seen it tank to $.05 (it never really traded at the listed annual low of $.012 - I was watching that day when the stock was trading at $.12 and someone allowed one very small trade to go through at $.012 by mistake). The problem I see is that this is a penny stock so it hasn't caught the attention of "real" investors ...yet. Pennies attract the get-rich-quick crowd. The vast majority of people who say they are "long" on any penny stock mean 3 days to 3 weeks long or until the stock doubles. It may take a week or two before the sale of the movie is announced. In the meanwhile the stock will decline as those who bought looking for a fast buck see the price fall adding fuel to the sellers. The irony is that we may see the lowest price ever on the day before the announcement of the movie sale is made. So if you could sell now and buy back the day before the announcement you could make some extra $$$$. But if you are not in and it gaps to $.20 overnight then you lose $$$$$. So I only have one question for you..."Do you feel lucky"? I don't feel lucky so at this time I'm continuing to hold tight! For those who are focusing on the dollar amount of the movie sale, I see it playing a role in the stocks price but if the the moive cost 1.5 million to create and they sell it for 6 million that a 4x return. Sure more is better but if they can crank out 5 or 6 movies a year with 4x returns I would be real happy:)