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 : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: J.N.N. who wrote (5623)4/16/1999 10:00:00 AM
From: Fbk32  Read Replies (1) | Respond to of 8189
 
It is MM games when we have 8 straight buys at the ask, and they lower the ask. It is MM games when we have 30,000 shares bought at the ask, and 1000 shares sold, and yet the ask remains the same or drops. Look at the close yesterday, how many straight buys at and above the ask, and yet the price was dropped by 1/16.

Brian



To: J.N.N. who wrote (5623)4/16/1999 10:04:00 AM
From: learnstocks  Respond to of 8189
 
Unfortunately, JNN, you are only one of a very few that understands that the stock movement of MRPS will be essentially sideways until the audited financial statements are released. As you said, "Press releases just don't have much of an effect anymore.".



To: J.N.N. who wrote (5623)4/16/1999 11:32:00 AM
From: Fbk32  Read Replies (2) | Respond to of 8189
 
JNN

We have all wanted financial's for some time now, but they have not been released yet, and for good reason. Just think what the stock price would be if the company released Just the 1998 Financial's, which will show a SMALL LOSS for the year. Yup, it would tank and we would be back at $0.25-0.50. What they are doing is compiling the more important 1st Quarter 1999 figures, and these will be released VERY SOON! These figures will show a profit, even thought MRPS JUST STARTED TO SHIP PRODUCT ON NEW CONTRACTS IN FEBRUARY OF 1999!!

What you are buying with MRPS is the future, not the past. Who here,
LEARNSTOCKS (what a BS name)/ VIC included, thinks that MRPS will post just the $10,000,000 in Gross profits that they have ALREADY under contract for 1999?? Who here thinks that MRPS will not announce another $20-40,000,000 of NEW contracts over the next few months?? That's right... Nobody, Not even Vic!

You have 3 choices as I see it. 1) sell and move on 2) wait for financial's and then buy in at $3.00 + or 3) Hold strong, and buy on the dips if you can. That is why D. Rutter told you not to sell.

I choose option #3, but everyone has to choose for themselves.

Take Care

Brian