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Microcap & Penny Stocks : MTCI...@.75 joining the big guys

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To: TT who wrote (2828)7/30/1997 7:05:00 PM
From: WalleyB   of 2834
 
I was putzing aroun one day and tried getting into SI through the front door without my password. The message explained that a fee was required - I forget how much - it was around 49 I think. I suppose they are trying to keep people from using other user names and keep only the serious minded on board. At any rate we are gandfathered, at least until further notice.

So you think MTi will hit the skids again, I would like to just get my principle back at this point. I don't have the stomach, the time or the patience for the penny stock market and I suppose I never did which is why I did so badly at it.
At this point I want to put my cash in strong companies with proven records. At least most of it any way, I suppose there will always be a little part of me that wants to gamble and enjoys the thrill of the game. Too bad I was over invested in too many of those kinds of stocks in 96. Big mistake, not one of them made me a dime, except IFCI and I only pulled 500. out of that before I chickened out. Now the stock is up to almost 4 and I had 2k shares at .75 I can't win for loosing.
Speaking of taxes, I am dreading all the enties I have to make for all the trades in 97 so far. The only foks that made any dough are E- Trade and PCFN, I sure didn't! :o)
Jim
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