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Non-Tech : MFN Mercury Finance

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To: Warthog who wrote (1084)3/20/1998 11:00:00 PM
From: southpaw  Read Replies (2) of 1239
 
No better place for your funds to be IMO. I found RADAF by accident about 10 months ago at 6, and I'm more at ease with it today at 18+ than I was then. The RADAF thread is the best I have found yet. The primary participants are real pros. Still read it daily.

But this is the MFN thread. I got into it just after that 9 million share trade day earlier this month. I am convinced they are not going bankrupt and they seem to be taking the right steps to recover the operation. It may take a while, but there is significant turnaround potential here. The auditors are satisfied, the creditors are satisfied, and MFN is still doing business. I expect it will take several consecutive quarters of positive earnings for the price to move, but when you can way more than double at 2, it's worth the wait.
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