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Strategies & Market Trends : Value Investing

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To: TimbaBear who wrote (25003)10/14/2006 2:57:46 PM
From: MCsweet   of 78744
 
TimbaBear,

Thanks for the taking a look and nice timing on your purchases and sales of MHJ.

I hadn't noticed the huge number of options granted, although they are in Hong Kong subsidiary which trades at a much lower price (I estimate around 0.25 HK dollar = 3-4 cents US).

With its complicated structure, this company has always had something not quite right about it, which is why I haven't backed up the truck to buy despite an attractive value. On the other hand, I've made money on it before and hope to do so again. And at least they care enough to communicate to investors, even if I don't always like what they are communicating.

Best,
MC
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