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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ who wrote (1605)3/2/1999 7:10:00 PM
From: Gutterball  Respond to of 8189
 
It suggests there might not be as much manipulation in price as some on this thread would have you believe.

In the short term, I expect MRPS to behave much like IHWY. Unlike IHWY, MRPS will sustain a higher price once momentum moves out of the stock.

BTW, those low trades (.58 or so that were mention a ways back) did not occur during the past three days, when stock was trading above 78 cents.



To: SusieQ who wrote (1605)3/2/1999 9:32:00 PM
From: Lee Walsh  Respond to of 8189
 
Many times it means that the ones that are there are in a bit of a bind...and are short beyond what they want to be. They sometimes call in the calvary..and bring in some help to "get on top" of a stock and slow down the buying.

I think that was the case here. Friday and yesterday it got away from them a bit...

They know if they can hold the price and the buying slows up, eventually the profit takers and the short term traders will start to take some profits, giving them the opportunity to get back in control.

Lee