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

To: BRANDYBGOOD who wrote (5401)	7/16/1998 8:18:00 PM
From: ~digs	Read Replies (1) \| Respond to of 11684

IMO, this is very poor post, I am going to pick it apart. This is not for the purpose of offending you, rather to get some clarifications from you. Here goes... -->I don't really think that it's relevant who made that quote.<-- Since when has everything on this thread been relevant? This question was out of curiosity, the answer has no huge significance. --> I also think that Macker probably did sell off half of his position at 1.75 so that he has his shares for free. But I suppose that's between him and the man upstairs and isn't really relevant either.<-- Here you contradict yourself. --> I certainly wish that I would have done that myself.<-- Of course, we all do, but timing is difficult. I have chosen to just stick it out, since I like the company's fundamentals and believe in a better than $1.75 share price a year from now. -->I could have put this money in a mutual fund and been making money.<-- This is obvious, given the market's performance in the past few weeks. But, don't you think its possible to have a 100% gain (or much more) on your MTEI investment in one year? I am not aware of any mutual fund with that kind of a return. Its all a matter of how much risk you're comfortable with. -->I didn't invest in this company for the pleasure of watching what God put in the ground be extracted back out of it.<-- What exactly did you think you were investing in? Seems to me that you are disgruntled by the fact that MTEI is turning out to be a longer play than you had anticipated. Had you not been in it for a quick buck, the current situation would be a lot less stressful for you. Moral of the story: do not try to time a value investment such as MTEI, as has been said on the thread in the past. Get in for the long haul, it reduces your risk. JMHO ~prot‚g‚ btw, feel free to pick apart any of my posts, we all have difficulties expressing ourselves at times and we do make mistakes... no biggie.