SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed
MTEI 0.002400.0%Nov 3 10:00 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Janice Shell who wrote (5504)7/19/1998 11:43:00 PM
From: eric deaver  Read Replies (1) of 11684
 
I was once with a company (about three years ago) that bought a distressed property for pennies on the dollar (in southern california) turned it around in about 90 days and made many millions of dollars simply by redividing the properties. Also look at where the environmental industry is going - every major environmental firm is teaming up with the likes of Tow and a good real estate lawyer and is purchasing distressed properties - it referred to as a Brownsfield Project. Don't believe me check the EPA website. What's the concept? Buy a distressed property for pennies on the dollar, redevelop and turn it around for a big profit. BTW, I think PB has an even better response in her answer. Seems like MTEI is doing the right thing to me. Why don't you all drop the doomsday speculation until the Stagg reports start coming out? Or do you need this stock to go lower for some reason?

Eric
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext