MTEI - Mountain Energy - No BASHING Allowed Message Board

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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed

MTEI 0.00240

-29.4%

Nov 3 10:00 AM EST

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To: Jetter who wrote (8788)	8/14/1998 6:31:00 PM
From: taz man	Read Replies (4) of 11684

Who in their right mind would buy this stock>???? could the 400 k shares traded today just be the MMs wanting to cover the shorts they placed back at $1.75 +????? I would certanly want to cover my short positions at .05c if I could if I were a evil MM. I doubt anyone is buying, they are just covering and getting out with a HUGE< HUGE profit. look at their postition, its better to get toatlly out than to risk the stock climbing back to 30c or so. (probably impossible but who knows.) they are simply takeing the money and getting off this sinking ship. covering their shorts close to 0 is always better than leaveing loose threads that might not go under for a while and might even go back up some. they sleep better that way

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