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Microcap & Penny Stocks : MECHANICAL TECHNOLOGY (MKTY) -- Ignore unavailable to you. Want to Upgrade?


To: Sid Turtlman who wrote (227)6/17/1999 4:06:00 PM
From: Dan Hamilton  Read Replies (1) | Respond to of 542
 
Sid: While you may be absolutely right, I think Bill Schicht has a good point. I was long on Ballard a couple of years ago and your consistent nay-saying on their prospects was a factor in convincing me to sell. Shortly after that, they announced the deal with Daimler and the stock resumed its healthy climb (without little 'ol me along for the ride!).

The moral of the story is that there may be a lot of growth in share price to come in MKTY and PP, before those issues you raise are proven to be correct. So as long as an investor is prudent and takes some off the table as the share price rises, they could recoup their original investment, and continue to make more along the way.

Why in your opinion has ERC not gone anywhere yet?