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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.00400-14.9%Nov 18 9:31 AM EST

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To: Blitz who wrote (3089)6/23/1998 1:17:00 PM
From: eric deaver  Read Replies (1) of 11684
 
<<Yes, we can all estimate what it is worth, but to me, until we have hard numbers, the market will determine the value of the stock, currently .43 per share.>>

Yes, Blitz, I agree $0.43 is current value and until a new PR comes out this is all the information we have to go on. The kicker here is that it is unlikely that there are many investments out there that allow you to buy into a company like MTEI for $0.43. Let me see. If MTEI comes through (i.e., here's where that trust management thing comes in) I will be looking at a serious stock price (isn't it over $5.00 / share for NASDAQ listing?) for an investment of $0.43. Given what we DO know regrading the company's plans that's pretty good odds in my book. This is why I suggest that new investors call the company. It better defines your odds. Did anyone say there was no risk? NO. Did we say it was a good bet? YES. I am not going to go over the list of positives regarding the company again but the deck seems to be stacked the right way for me.

Eric
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