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Microcap & Penny Stocks : MGVN - Radiotower.com -- Ignore unavailable to you. Want to Upgrade?


To: CIMA who wrote (45)4/26/1999 5:41:00 PM
From: Robert Andrew  Read Replies (1) | Respond to of 148
 
As I see it:
10 mil shares, with small float. Every buy or sell
moves this stock. This is like the stock HITT, which
I own. It was a private company that was bought out
with a reverse merger. When it became public it went
from $2 to $10, and is still going up. The shares of
MGVN are now the shares of Radiotower. Magnum Ventures
will be gone and Radiotower will take its place. This
looks like a classic reverse merger, which is good!
The way I see it is that I can lose $4.00 per share,
but I can easily gain $40 per share.
I'm staying with this one.
Buy the way, I made all my money this year by buying
first and asking questions later. It sounds crazy but
that is how you get in at cheap prices.
Regards
Robert A