To: sandstuff who wrote (10196 ) 6/9/1998 10:40:00 AM From: RavenCrazy Read Replies (4) | Respond to of 11850
There is probably nothing whatsoever wrong with Mountain Energy. As I understand it, the company is being run by super people. BUT - and I know I will anger people by saying this - there have been problems with SOME (not all) of the promoters of this stock. We were told a couple of weeks ago that within a week the stock would be 2 dollars, "last chance to buy under 1.50," etc. There were endless implications that AS WELL AS LONG TERM VALUE there were short term gains to be made. So people sold other stocks and poured the money into ICVI, expecting to make profits and buy back other stock with their short-term portions. Then, when the same folks began to ask about when the promised news was coming (I was told there would DEFINITELY be important news last week and that "monstrous" news would be out Monday - Crazy 8), they were practically bashed off the thread for caring about when news came, for not being patient, for not being long. There was too much dishonesty around. I KNOW. I get a LOT of e-mail and a LOT of PMs. People were terribly upset and felt they couldn't post their fears. I tried subtly to let the board know this and got bashed myself. Now we are falling. It is not a great mystery why. It is the same people whose hopes were raised that IN ADDITION to long term value, they would see fast profits. They are hurting badly. Someone needs some conscience-examining. Again, this does NOT mean there is a thing in the world wrong with the company. It does NOT mean we won't still go up to 1.50 or maybe even 2 dollars before July. It just means there was a lot of dishonesty out there and not everyone treated everyone else right. Lot of talk about Christianity on this board, but I'm not seeing it. I'm so, so sorry to the folks who have lost big. I do NOT believe we will remain this low. I am still in, but I will NEVER support the kind of hype we have been subjected to. I very, very strongly exclude RocketMan from any group who has mislead. I have found him to be one of the calmest, most authoritative voices on the board. Raven