Medinah Mining Inc. (MDHM) Message Board

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Gold/Mining/Energy : Medinah Mining Inc. (MDHM)

MDMN 0.000001000

-99.0%

Jun 3 1:07 PM EST

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To: Handshake™ who wrote (4958)	8/5/1998 7:16:00 PM
From: on parole	Read Replies (1) of 25548

No hype out of me, in fact once I respond to your responses you will likely never hear from me again. I have been following this thread for some time. I know who many of you are from other sources. I view spending a lot of time on bbs as a waste of time. I know people and use bbs to read sentiment for buying opportunities. On this board for example I am impressed with the bulls. You all have all the intelligent discussion and have done much more dd than on most of the other boards. The bears on this board have very little in the way of facts, mostly some kind of unknown agenda. To answer your question is very easy.Most investors think they will purchase a stock which has a bright future and they go up up and away. BB stocks do not work this way. If there were not missing pieces to the puzzle then they would obviously not be on the bbs. The missing piece is usually capital. Many times this leads to creative forms of financing in which positions are hedged by shorting the stock. Many of the companies are not reporting which leads to more uncertainty regarding facts and figures. Large institutional investors such as insurance carriers are precluded by law from investing in these stocks so even if good news comes out many times the price drops because the market reaction is who cares, this is a bb stock. In summary this is a tough game in which you have investors who are over leveraged, not very astute, and do not understand they have to be not only right about the company but the timing has to be perfect as well or there is continued dilution through reverse splits and more shares being issued. Since they always underestimate the length of time needed for a company to achieve their goals they panic and sell because this was a get rich scheme to them, not an investment. With a BB company you have to be very patient and bet they can do such good things they will make it to the big leagues and off the bbs. Because you are a long termer doesn't mean you know anything. And yes at this time until it happens it is a rumor. Realist

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