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Gold/Mining/Energy : maverick (MAVK) -- Ignore unavailable to you. Want to Upgrade?


To: Andreas Samson who wrote (171)4/3/1998 2:14:00 PM
From: Adam Nash  Respond to of 432
 
If MAVK goes to 10, I will sell everything else I own to buy more shares. The expected return for the next 3-5 years would be phenomenal.

As Warren Buffet points out, net buyers should *want* the price to decrease. Net sellers are the only ones who should be angling for the price to go up.

To tell the truth, I'd be happy to see MAVK's stock stay put/go down. Just means as I have more money to invest, I get MAVK cheaper and cheaper based on earnings. 30-50% earnings growth assures me I am getting a good value & good quality earnings.



To: Andreas Samson who wrote (171)4/3/1998 4:52:00 PM
From: Warren Buffet Jr.  Read Replies (2) | Respond to of 432
 
Mavk is discounted 67% to the total market relative
earnings projections 3-5 years of 30% which has been
downgraded from 47%. Stocks oversold for several reasons

#1. Most investers don't understand MAVK's business plan.

#2. Oil prices started going down ,investers had the idea
MAVK was "only" an oil driller equipment stock from all there
press relating to rapid growth in drill piping .Technical
chart has been a mess for a while now.

Folks,Look at the fundamentals of the company.that is what
investing is all about.Look at the value relative to the
over priced market.

Buy this baby , throw it in the closet and relax .

6 month target $30
12 month target $40
18 month target $60