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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 (302)7/9/1998 7:16:00 PM
From: Robert L.Stone  Read Replies (2) of 645
 
It's been a rough ride today,but you can not say it was boring.
Hard to belive todays low was $2.18. MNTG has not been that low
since Jan/Feb.

There is only one reason the stock went south,it all has to do with the new business units going to be a drag on earnings for at least 2 quarters. The stock is selling off to reflect the possible change in
value.
Light volume is what the market makers want,so they don't take in to much stock.

No doubt about it were in a down trend.When the market was going up MNTG did nothing.Today MNTG took a hit with the market.

The only thing good I can say is the stock quickly recovered.

BOB
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