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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?


To: Roger Bodine who wrote (3293)5/14/1999 10:36:00 AM
From: Leroyt  Read Replies (1) | Respond to of 5541
 
Roger,

I spoke to SASI a couple of days ago. They told me they have a "Media and Gaming" analyst who likes the prospects of MVEE. They don't issue any reports, mostly done for in-house use. They do not normally trade small-cap stock. If you look at the OTC-BB listing, the activity is largest on MVEE and little otherwise. Someone mentioned they are an MM for Pixar now (they mentioned Pixar and Disney (DIS) as regards to other stocks.

The fellow I spoke to also stated they had been picking up shares for individuals in-house accounts. From what I understood, people who work for SASI. It all sounded like a good sign to me. I bought more.

I am SURE that SASI does not ONLY BUY the stock. They must also be trading ... that's how the company as an MM makes their money.

I have no idea how much they've accumulated. But the fellow said, if you buy 1 million shares it's on $50k whereas if you buy 50k shares of a $50 stock it's $2.5 mill.

They gave me a rough idea the order of magnitude they're playing with. Wouldn't be surprised if they've accumulated up towards 10 million shares ... but who knows.

Trading is slow today. Without buying, I'd guess the price will move down. This stock SURE is erratic (in terms of volume)!!

later, leroyt