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


To: Zeus549 who wrote (6365)4/26/1999 8:50:00 PM
From: Jon Scott  Respond to of 8189
 
I'd like to accumulate on a lower level, but I can't.
Bought more MRPS today with FSACF profits(still holding "free" shares).
Paid 2.81 and still don't mind a bit. If I expect it to go up dollars in days, I'm not going to worry about paying a few cents more.
You're either in or out at this point.

Tomorrow or sometime very soon,it could be MRPS turn for a dramatic upside move. In the short term, FSACF could and just might continue it's move. But overall, which one is more likely to drop- MRPS(earnings, contracts, hot product) or a volatile, unproven quasi Net stock?



To: Zeus549 who wrote (6365)4/26/1999 9:15:00 PM
From: LT  Read Replies (1) | Respond to of 8189
 
wouldn't mind seeing the MM's bring this down for a few days as I would much rather accumulate at a lower level.

Yes good point. Buying on pull backs is a good idea. It appears, as you mentioned, that the stock is ready to move upward in the near future. When it does, these prices are likely to be not available for quite awhile. Now is a poor time to sell, INMHO only. Holding 10-15 trading days, may make a big difference. Long term will likely reap a nice profit.

LT