MFN Mercury Finance Message Board

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Non-Tech : MFN Mercury Finance

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To: raven who wrote (1115)	3/30/1998 1:59:00 AM
From: DanZ	Read Replies (2) of 1239

Raven, There are a plenty of stocks that I don't like and some of them go up and some of them go down. God forbid this, but even stocks I like go down gggg. I won't buy a stock unless I am confident that I'm making the right decision and it has to fit my trading style and meet my investment objectives. I generally shy away from stocks that are trading below $5 much less those below $1. However, as we saw with APM last week my opinion can change by the minute. Right now I don't like MFN and five minutes later I might be buying it. At this time, I only like MFN for a day trade on momentum and don't think it's a good place to tie up a lot of capital for too long. There have been a lot of rumors circulating about MFN being bought and making a profit this month. The validity of these claims is questionable and I would caution people about trading based on rumors. Sometimes rumors pan out but most of the time they don't and you can get burned in a hurry. Good luck with MFN. I sincerely hope that it works out well for those of you who have had the patience and persistence to stick it out. Dan

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