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Microcap & Penny Stocks : MNTG... MTR Gaming.... Let's Go To The Races....
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To: Jay Mowery who wrote (29)11/1/1997 2:19:00 AM
From: Robert L.Stone  Read Replies (1) of 645
 
Jay,Today I purchased 500 more shares at 2.7/32.
I guess you can call this averaging up.
I purchased the shares with a limit order.The next two trades
after mine was very impressive.
17,700 and another 17,700.
Less than a minute before the market closed the market makers
raised the ask to $2.25.

I watched mntg trade.The reason I bought was because no one was selling.Even raising the bid brought in very little stock.
I also see that MNTG is has found support at a higher level.
MNTG is only 28 cents from it's yearly high.

There has been no hype or any other news from the company.

I purchased some mntg in Oct 96 at $1.56.
The stock price went down to 13/16 I purchased some more at 84 cents.
I sold the stock I purchases at 84 cents at $1.06.
I purchased some more in April at $1.31.

I see the stock going up to 6 or 7 dollars a share.
If the breakout is real the stock will continue to climb.

WHAT I LIKE MOST ABOUT MNTG
1. The public does not know anything about this company.
All the trades even at this 2.00 plus level are wholesale.
2. 600 acre's of land.
3. Stock did nothing for 3 years.
4. company starting to make money.

If the earnings are as good as you say.We will make a lot of money.
Earnings,is the engine that drives the stock market.

Bob

Jay try this link.
You must have java.
fast.quote.com

Have a good weekend.

Bob

P.S.
Anyone new Learking around...PLEASE POST.

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