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

To: LionHeart who wrote (1899)	6/18/1998 12:18:00 AM
From: wonk	Read Replies (1) \| Respond to of 11684

LionHeart: Your points and post are valid, but you can use that paper philosophy and dissect many other stocks and you will get the same result "over valued". I am not trying to get you to sell or buy, just putting numbers on the table. The common sense basic principal of finance says, the greater the risk, the greater the reward must be. BB stocks are almost universally "undervalued." The rare, but welcome, success story compensates you for the risk. I wish you well in your investing. ww

To: LionHeart who wrote (1899)	6/18/1998 12:26:00 AM
From: skreiger	Respond to of 11684

LionHeart, I agree wholeheartedly with your sentiments. Penny stocks are speculative at best and only a tiny fraction of these companies ever achieve significant long-term success. Anyone who invests in one of these companies needs to understand (and I think most people do understand) that the likelihood of hitting a big winner is pretty slim. That's why momentum plays for questionable stocks are so popular -- a true Internet phenomenon. That's also why it's so difficult to explain why any one person or group of people would spend immense amounts of time taking potshots at people who invest in pennies. What's the point? I suppose I could understand a snide remark or sarcastic question every once in a while when someone really goes off the hypers deep end, but who can explain the dozens and dozens of negative posts we see every day on this thread and others? Is it some kind of game? Just because we latch on to a stock and study its foundation and determine it may have better odds than the others, that is no reason to attack, defame, or ridicule the people invested in that stock. Yet it happens here every day. Why? I learned long ago that it is impossible to defend an indefensible position and IMO there are quite a few people around here who attack everything and defend nothing because they have nothing to defend. Conversely, my position is one of investor -- it's my money at stake and I freely admit it and accept responsibility for my decisions -- I can and will defend my position. People who are not able to do these things really deserve no credibility because they have not demonstrated they have anything at stake. Hiding behind the veil of SI anonymity certainly doesn't provide any credibility either. After all, if you've nothing to hide... Be comfortable with your investment decisions and accept the consequences, good or bad. This particular company has too much potential; as you've said, it's all about the future. Best regards, Scott