SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Z who wrote (6206)7/27/1998 2:33:00 PM
From: Philip Bosco  Respond to of 11684
 
Long Term means until you hit your price target. Nothing more and nothing less. BB investing is not much more legalized gambling. You should always set your outs, both on the win and loss sides, before you buy. It is the simplest way not to get hurt. Problem is, we tend to "fall in love with a good story". I am certainly guilty, otherwise I would have sold at $1.50, not $0.195 The story here has gotten so convoluted it would put the average Jerry Springer plot line to shame (lawsuits, death threats, conspiracy theories, accusations of collusion, etc). I wish everyone the best, and sincerely hope you all make your money back. This is no longer an investment, it is daytime entertainment at its best.

Adios, and best luck to you all.



To: Mr. Z who wrote (6206)7/27/1998 2:47:00 PM
From: Tod C  Read Replies (1) | Respond to of 11684
 
True the announcement today was short, but I'm sure there are legal implications for that. It does however let us know that Jack will go after what is rightfully MTEI's. Hardly irresponsible though. MTEI is keeping it's shareholders up to date with current information as that information becomes available which is what we all want.

Not sure what the company could have come out with at this time for you to hang your hat on except an acquisition. IMO, those will happen and could happen at any time. Take a look at LionHeart's question and answer seesion from Jack. As far as hanging your hat, MTEI still has lots of land (see Eric's valuations) and a top notch honest management team.

Best wishes,
Tod