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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: BigAppleBoy who wrote (6778)6/2/1998 4:44:00 PM
From: Jim B  Respond to of 11850
 
well, ICVI (Mountain Energy) already has hundreds of millions of dollars in assets.. and IF rumors are even somewhat true they could
easily be a $1billion company sometime soon...

even at half billion dollars... this stock ICVI is trading at $1.21??

my money stays here with that kind of financial support backing this
investment... the daytraders will add volatility to this stock.. but
the upward trend will continue imho... as the company fundamentals
improve and more news comes out... people will build confidence in
their investment and realize that the best thing to do is to at least
HOLD if not pick up some more cheap shares and yes, I'm all for locking in some profits... although I haven't yet... but I can't
blame someone for wanting some profits... nothing is guaranteed.. but
my confidence in this company is strong enough that I didn't take any
profits at $1.75 ; I keep looking at the press releases and the company stated book value of $2.85 (which again we've been told that
is a VERY conservative book value)... so patience in this case should
reward me... and I've got to risk big to win big... and that's what I
want.

jim