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

To: Patricia Trinchero who wrote (6003)	7/25/1998 5:39:00 PM
From: LT	Read Replies (1) \| Respond to of 11684

Thanks Patricia. If it leads to something that will stabilize the stock a bit, that would be great. :)) LT

To: Patricia Trinchero who wrote (6003)	7/25/1998 8:15:00 PM
From: LionHeart	Read Replies (1) \| Respond to of 11684

FOR THOSE WHO PM ME; Asking why I say averaging down will help if you want to reduce your share price. I feel sorry for many that got caught up in this stocks fiasco and are holding a balloon share price. Some as high as $1.50. Don't feel bad because I believe 95% of us are with you on this. Some of you ask me "why average down"?? Simple Example if you bought in at .80 If you have 10,000 shares at .80 = $8000.00 what you paid for + commissions. If you buy 10,000 more shares at say .20 you paid $2,000.00 + commissions. since you have equal shares at both share prices you; .80 + .20 = 1.00 divide by 2 = .50 your new average share price: .50 Now if this stock reaches .50 you got your money back minus commissions if you decide to sell. If your holding to get back to your original share price averaging down will meet you half way. I will be doing this and know others will as well. Bottom Line: The stock has to get to .50 before your original .80 share price. LH