To: Kevin Hamlin who wrote (408 ) 12/5/1999 9:54:00 AM From: Kevin Hamlin Read Replies (1) | Respond to
This was a post I did over on stockhouse regarding a comment by someone that they were "disappointed MRY hadn't broken $1.50 yet." I thought I would copy this post over to here.outstanding!! Huge accumulation by Nesbitt continuing, with them buying at the highs obviously "expecting" (I say knowing) it is going to go much higher. You just don't take on as many shares as they already have, and then continue to buy at the highs unless you know exactly what is going to happen.great! Volume is continuing to increase, showing a lot of people starting to come into Mercury.beginning to realize the impact of this B.A. news and what it will mean to the future prospects of this company. The company is beginning to be looked at in a different light now....Not a company that "might", but instead a company that "can and is". This new perspective will bring in many new investors who may have been watching Mercury but wanted to wait for "proof". With the B.A. announcement, these investors have now been given a comfort level they are looking for, and are now beginning to buy in. The risk/reward ratio for Mercury can now be seen in a whole new light. Mercury has produced proprietory software that no other competitor has. Furthermore it is now fully operational and fully accepted. It doesn't get much better than that! The company (and the shareprice) should grow rapidly from here.substantially beyond. Whether MRY has good pushes forward in the share price, or natural retests of different support and resistance levels, I fully expect that in both the short and medium term my shares in Mercury will be worth far more than they are today.
