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Microcap & Penny Stocks : MIDL .... A Real Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: Frank Fontaine who wrote (806)6/17/1998 12:02:00 PM
From: E Richter  Respond to of 7039
 
Look at that! No trades on the P for a while and they lower the B/A.
Clearly playing on peoples fear. Well, keep shaking the tree!

ER

(under the tree with a bucket)



To: Frank Fontaine who wrote (806)6/17/1998 12:05:00 PM
From: John Schmitt  Read Replies (1) | Respond to of 7039
 
Personally, I can't see the use of selling at this point. Granted, I don't have as large of a stake in this stock as many others do, so that does make a difference. However, if this were to go all the way down, I would have lost 30% of my initial portfolio on this stock. I figure that I can't lose much more than I already have lost.

Either way, whether this recovers or not, I have something. If it recovers, I might actually get some of my initial investment back. If it doesn't, well, then I have a nice big tax write-off, and a story to tell my kids about in the future. I know that my dad had a similar story that he told me about...

In any case, this has been pretty painful to watch.

Good luck,

John