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Microcap & Penny Stocks : MDI Entertainment (MDIH) -- Ignore unavailable to you. Want to Upgrade?


To: MDIH-Fan who wrote (385)5/2/1999 6:18:00 PM
From: Skboates  Respond to of 563
 
Thinking about entering this stock. Have found this thread both informative and, all in all, most positive.

Any info on an alleged website for selling lottery tics? How might that site compare to a "Bingo.com" type venture offering gaming, information and free mail/web pages? Curious about growth potential and timing -- especially in light of expectations (voiced on this thread) that this is not long to be a ~ dollar stock.

Would appreciate any feedback. Thank you.



To: MDIH-Fan who wrote (385)5/3/1999 9:54:00 PM
From: MDIH-Fan  Read Replies (1) | Respond to of 563
 
MDIH had a good trading day today. Most of the volume was over $1.00. It looks like the seller is almost gone! However, do not be surprised if he comes back to finish his load.

I looked at a volume chart today and noticed the volume has picked up. The 10 week volume was 1.7 million. It doesn't mean much considering the double counting. I still feel like its a good sign!

My experience tells me that volume precedes movement. I expect to see the stock test the $1.75 level very soon. I also believe we can get there without any type of news. Should some news happen then were talking $2.00.

Stay long and accumulate your running out of time at this level.