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Gold/Mining/Energy : maverick (MAVK)
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To: Mikeh who wrote (364)10/6/1998 7:21:00 PM
From: Satch77  Read Replies (2) of 432
 
Mike,

I hear ya! But there is a major difference in the fundamentals of this stock in just the few short I owned it. They went from a 30% projected growth rate to zero or (a couple pennies) next quarter. Unlike other oil stocks that are lean, mean, beaten down in price and still showing a decent growth rate, mavk won't have explosive growth until oil exploration kicks in, driven by higher oil prices. I believe the stock was hyped based oil prices continuing to increase, and I failed to do my DD in earnest. Live and learn. I should have stuck with my stops.

Satch

PS Good luck to all!
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