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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?


To: Lee Walsh who wrote (1255)6/15/1998 4:21:00 PM
From: jhild  Read Replies (1) | Respond to of 11684
 
If you believe that the price of this penny stock that is apparently not producing dime one from their mineral rights is tied to the price per barrel of oil, well . . . ahhhh forget it.



To: Lee Walsh who wrote (1255)6/15/1998 4:25:00 PM
From: Tod C  Respond to of 11684
 
OIL down nearly $1.00 a barrel to $11.65...Dow down 200+.....Nobody's happy tonight folks....except the shorter

Shorters, Jack, Winston, myself, and I suspect many of you.

Why? One of the things Mr. Overstreet and I talked about Friday were the current depressed prices for oil and gas. When I asked, he chuckled and then he said, I hope they stay down for another few months maybe even a year. We are in ACQUISTION MODE and want to buy while the prices are low.

Besides, MTEI is going after the natural gas first where they can more than double the value of their gas because of the alternative fuel tax credits. No brainer, IMO

Tod



To: Lee Walsh who wrote (1255)6/15/1998 5:02:00 PM
From: Lee Walsh  Read Replies (1) | Respond to of 11684
 
I was only pointing out the weakness in the market in general today, and the Energy sector in particular....Didn't say that this stock was related necessarily to that.....you read that into it, but it is an energy stock....EDII down today big also.

BTW....since Janice lives in Milan, Italy....What time is it over there....boy she is working some late hours on this one...

Lee