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

To: ~digs who wrote (5407)	7/16/1998 9:01:00 PM
From: BRANDYBGOOD	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... RESPONSE: THIS IS VERY POOR GRAMMAR! -->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. RESPONSE: I HAVE SEEN SOME VERY RELEVANT POSTS ON THIS THREAD(UNLIKE WHAT WE ARE ENGAGING IN AT THIS TIME!) --> 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. RESPONSE: NOT A CONTRADICTION, JUST A SUPPOSITION! --> 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. RESPONSE: TIMING ISN'T THAT DIFFICULT WHEN YOU BUY IN AT .50 AND THE STOCK IS TRADING AT 1.75. JUST TAKES 1 CLICK OF THE MOUSE! -->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. RESPONSE: WHY HAVE ANY RISK AT ALL WHEN YOU CAN SELL HALF OF YOUR POSITION FOR A 200% GAIN WHICH WOULD PAY FOR YOUR REMAINING POSITION AND STILL GIVE YOU A PROFIT. THAT'S MORE COMFORTABLE THAN SWINGING IN A HAMMOCK! -->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? RESPONSE: TO BE HONEST WITH YOU? PROFIT. 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 RESPONSE: FIRST OF ALL I DIDN'T INVEST IN MTEI FOR A QUICK BUCK. I LIKE THE COMPANY AND IT'S FUNDAMENTALS. WHO KNEW IT WOULD RUN UP TO 1.75? 2ND-I AM NOT DISGRUNTLED. I AM EXPERIENCING HINDSIGHT MY DEAR! I AM NOT STRESSED AT ALL. BUT WOULD IT NOT HAVE BEEN MORE INTELLIGENT TO SELL SOME OF YOUR POSITION FOR A PROFIT AND PAY FOR THE REMAINING POSITION AT THE SAME TIME? SEVERAL PEOPLE ON THIS THREAD HAVE DONE SO AND ARE PROUD OF IT! I JUST WISH I WOULD HAVE TOO! HAVE A NICE EVENING :0) BTW the caps are not for shouting, I just not computer literate enough to do all that bolding and italics like the bashers, so I used caps to differentiate. Brandy PS-Whose protege are you anyway?