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


To: D. RUTTER who wrote (5620)4/16/1999 9:51:00 AM
From: J.N.N.  Read Replies (3) | Respond to of 8189
 
Why is it always MM games when the stock goes down? Until the audited financial state of MRPS is made public, this stock will continued to be ignored by the types of buyers we need to move on to the next level.

Press releases just don't have much of an effect anymore. Now, a Nasdaq application/acceptance along with SEC filed audited financials will light the fuse.

It is just a simple fact of life.

It looks like dead money until that happens. Unless you are psychic and timed buys/sells right.

D.RUTTER - On Tuesday you posted DON'T SELL, etc. and never said another word about why. Please elaborate.



To: D. RUTTER who wrote (5620)4/16/1999 9:54:00 AM
From: Seeker  Read Replies (2) | Respond to of 8189
 
I noticed the bid was 2.125 on Wall Street City real time. Those wacky MMs. If the theory holds true that the MMs raise the bid before or at open we gap up we should recover yesterdays loss.

We shall see.

Mike

Disclaimer: I am long MRPS and consider myself a beginning position trader. I am using MRPS as a model to learn about trading because the story is so good I think I have good upside potential and the risk level "appears" to be low. I had to learn the hard way the first rule of position trading is "PRESERVE YOUR F--K-N CAPITAL".

wallstreetcity.com