Mortgage Bankers Holding Corp (MBHC) Message Board

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Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC)

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To: Charliss who wrote (586)	9/14/1998 2:26:00 PM
From: Terry Lyon	Read Replies (1) of 1241

Penny stocks really took a hit lately and preceded the general market decline. I think the FED will lower interest rates as the US has relatively high rates compared with other major markets. This will help financial issues like MBHC. Also I don't believe MBHC had any exposure to Russia, Asia, or South America. Seems like all financial and bank stocks took a hit irregardless. I also really like NB and RGBK and other regional banks at these depressed prices. MBHC could easily zoom 100% on the right news. I'm just waiting for quarterly results and any major news announcement but I don't have any intentions of selling as I believe MBHC is working hard toward listing and patient investors will be rewarded eventually. I'd rather own shares of MBHC than Treasury Notes paying 5% anyday. Of course my ramblings are IMHO only.

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