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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 (294)6/29/1998 3:10:00 AM
From: Robert L.Stone  Read Replies (1) of 645
 
Hi Bob and Jay This is a 4 day week do to the 4th of July holiday.
Thursday prior to the holiday would be a good time for the market makers to take the stock to extremes so everyone will spend July 4th worried. It's time for MNTG to go north again.All we need is Two good trading days back to back and we could be back to $3.50.

The problem lately has been failure to rally.
Thursday we dropped 1/8 Friday we gained 1/31 we lost 3/32..If that trend continues we will be breaking $2.00 in 5 weeks.

The volume has been very light this is a signal the strong hands are still there.

Jay and Bob C What are you going to do when MNTG breaks under $2.00 a share BUY or SELL? I do not think we will get to two dollars a share.
There has to be some value PE is 10-11 times earnings. valuation book
is $3.40 a share.The as long as the earnings grow so will the stock price.The Market is very worried about the possible drag the new ventures will have on future earnings.The street is worried the new ventures will put a drag on earnings.The stock has stalled until
more news is release.

If the new operations help the bottom line we will all get rewarded.We are playing a waiting game.
The stock should start climbing the so called wall of worry.

Bob S.........12:05 PDT.......Good Night!
P.S. see yahoo MNTG 189.



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