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


To: Blitz who wrote (5796)7/23/1998 11:03:00 AM
From: JoJo  Respond to of 11684
 
I think it's an honest assessment of the situation. No SH*T from me.

Ciao,
JoJo



To: Blitz who wrote (5796)7/23/1998 12:30:00 PM
From: Lazarus Long  Read Replies (1) | Respond to of 11684
 
Blitz... you may not want to hear...

any sh*t from anybody about your post, but if you are going to dish it out, you should at least have the integrity and character to listen to the other side.

Sure you are hurting... we are all hurting to varying degrees. But, that does not give you the right to fault somebody else for a decision that is and always has been yours to make. Take responsibility for actions and inactions! The last I looked, I don't hold a proxy to your trading account.

I consider myself to be one of those Rocketeers upon which you are so willing to lay the blame. Pump and Dump? Perhaps, but I was as much taken in as you if that was the scheme. It is clear, in retrospect, that the company far overshot its true current value on its way up to $1.75. Did I recognize that at the time? No. However, I did recognize that this stock was not going to rebound at around $1 and sold some... some of my holdings and a bit more as we neared my entry point. That was not a decision out of the Rocketeer philosophy of holding long, but then again, that is not pump and dump either. It seemed to be a sound financial decision at the time and I still believe it to be one. However, I am still holding many of my original shares at a loss.

You think that because somebody hasn't posted on this thread for a while that they have sold their shares? I seem to recall another person that considers himself a Rocketeer, a certain Mr.D, just posting not long ago that he is holding ALL of his 775,000 shares of MTEI. I just added some back last week. Yup, that smacks of pump and dump.

In all fairness, you aren't the only person that has made that accusation. Now, I ask you... would you regularly post on a thread that accuses you of such things? Would you be inclined to actively participate and encourage those that blame you for their predicament... the same one you share with them? I think not.

Now let me make an accusation that is just as unfounded as the one you make against the Rocketeers... it appears to me that you smelled a get rich quick scheme, speculated, and let your greed override your better judgement and now you sit on a loss... and therefore, it must be somebody else's fault!

Lazarus



To: Blitz who wrote (5796)7/23/1998 2:53:00 PM
From: Janice Shell  Read Replies (1) | Respond to of 11684
 
Oh, wait... That doesn't even include INFE or DGIV, or all the other stocks they have
illegally manipulated, I'm sure it could be in the
millions, depending on how many there REALLY are in on it.

Where to from here?

I have lost faith in this whole situation.
SI has allowed a certain group of people to do
what they want, whether it be illegal or not,
and when honest posters try to put a stop to it,
they are suspended.


Right. Kill the messengers, as always. Go even further: accuse them once again of illegal activities of which you have not a shred of evidence. A mature attitude.

Consider this: what if, instead of attacking us, you'd listened, and asked whether we might be right?

I've been saying since the outset:

1. That this was a pump and dump.

2. That management was inexperienced at best, and had a bad habit of saying way too much to the investors who called. It is NOT correct for a CEO to encourage callers to buy more stock, or to fantasize about what a share is "really" worth.

3. That not enough hard information had been made available, especially about financing of acquisitions.

4. That the fact that they bought a very dirty shell did not depone well.

5. That press releases were unclear, sometimes contradictory, and contained too many errors.

6. That the company was NOT operational, and wasn't likely to become so nearly as fast as management claimed it would do.

I could go on to more specific stuff, but won't. Look: get off my case; not my fault if you chose to bury your head in the sand. Just a hint: next time do some REAL DD, and maybe engage in a little critical thinking as well.