Jeff, if you've sold like you said you have, why do you keep posting here? Does it add meaning to your life? Tod is a shareholder like I am, like Sherrie is, etc. This whole MTEI phenomenon has had all the classic spills and chills. We got ahead of ourselves at $1.75, and here we are at .20. Is it possible that the market has overreacted in the negative way? Of course, it is. That's all the market really is, overreactions to the positive AND negative. I'm holding because I believe Jack and Co. know the oil business and are honest people. It was MY IDEA NOT TO TELL THE THREAD ABOUT THE 200M AUTHORIZED SHARES. Why, because I hold a hell of a lot of shares and I didn't want to see it go down. Also, it's irrelevant how many shares are authorized. It's outstanding that counts. I thought folks would overreact to the news of 200M Authorized. So stop blaming the "Magnificent 7" for not talking about the authorized shares, you can blame good ole Steve. I take full responsiblilty for that. If you chose not to believe anything I post now because I didn't want to spill my guts about the extra 100M AUTHORIZED shares, then that's your choice. I know I am long and am looking out for all longs here. I am an honest person, but I felt it was in the long's best interest NOT to discuss the extra authorized shares-not so I could bail, but so our stock would hang tough. Of course, that did not happen either but I still have faith in Jack and MTEI to get the ship turned around and will be waiting for the Dunn reports.
Steve |
