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Microcap & Penny Stocks : MIDL .... A Real Sleeper

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To: Rich who wrote (181)10/15/1997 8:41:00 AM
From: Dave Shares   of 7039
 
Maybe I am missing something, but I can't see why anyone would sell this stock to begin with. It has been trading in this range for a while now, so I don't see how anyone would profit by selling, and only a fool would take a loss on a stock like this with a promising future.

In the short time I have been investing, I have seen more impatience when a stock doesn't double overnight. BIG DEAL. If you wait it out on this issue and many other of the penny stocks issued by companies that know what they are doing, the return will be there for you. I am more than happy to wait several months to watch a stock double so I can sell off half of my position to regain capital for my next play, and if it takes more than several months, I am willing to wait longer. If anyone can show me a bank or a NYSE stock that doubles your money in six months, then I guess they should be there and not here.

Patiently waiting with a positive attitude for positive profits to be patiently attained,

David
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