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Re: pennyinvester post# 2079

Monday, 08/11/2008 1:26:59 PM

Monday, August 11, 2008 1:26:59 PM

Post# of 2555
You just got to know when to get in and when to get out; like any other stock. Look at Enron, WorldCom, etc.

Investing in the Stock Market, espcially penny stocks, is not a sure thing; but neither is putting your money in a United States federally insured bank, either. Look at IndyMac bank, the bank that people made a run on in California. Those with over $100,000 in that bank lost a lot of money.

The safest place for your money might be a under a mattress; but even then, inflation will gnaw away at it.

The A/S in MMGP is well below the A/S in IVOICE. As of now, they *cannot dilute* any further; unless they increase the A/S via a formality such as a shareholder vote. Granted, the only ones with a majority of shares are probably Meller & Mahoney, making our votes on this board virtually moot. But, if that occurs, I'll cross that bridge when I come to it.

There's money to be made even in Ivoice. I've seen it jump several hundred if not an entire 1000% percent at times. It, invariably, does come back down; but, again, this is the stock market--buy low, sell high.

Good luck to you.

Everthing I state is my own opinion (IMO). Do not make any trading decisions based on anything I state.

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