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 : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?


To: FreedomForAll who wrote (2837)3/3/1999 11:06:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 6180
 
David,

My wife and I have been holding this stock for over 10 months now.

We were looking to capture a long-term capital gain tax rate or else we would have sold back at $3.

I think most would consider that long-term considering the prices the stock has visited over the past year.

However, I'm beginning to think a trader's mentality might be warranted here.

I'm concerned about the management of this company maintaining both fundamental improvement of the company, while minding the need to pay at least tacit attention to the Technical analysis of the stock.

MUCP wants to be on small-cap and that requires a $4 share price and at least $4 million in assets.

I'll wager they have a tough time getting there if more attention isn't paid to educating and attracting shareholders. Seeing new investors in the stock watch their principle wither by 2/3 in the space of two months will only exacerbate the distrust that already exists from the past several years.

This company has the technology, but it has to convince everyone it can get it to market in quantity before the market is captured by higher cost rivals with deep-pocketed partners.

Regards,

Ron