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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?


To: DianaX who wrote (23011)8/23/1998 8:04:00 PM
From: RocketMan  Read Replies (1) | Respond to of 50264
 
You know, I also lost a bundle on MTEI, as so did many of my friends. It is sad that some will look to blame other investors for their problems.



To: DianaX who wrote (23011)8/23/1998 9:24:00 PM
From: Bird  Read Replies (3) | Respond to of 50264
 
DianaX wrote:
>Many of the "professed longs" as you call us (of which I am proud to say I am >one) ALREADY HAVE A NICE PROFIT even @ $2 1/2!!!
>MTEI. Believe me, Bird, I have LOST several thousand on THAT investment. >AND ONLY because I was FOOLISH! MTEI had NOTHING to show for itself, >yet I continued to stay in because of my own stupidity.


Believe me Diana, I am not accusing anyone of being stupid here;
I know the trap you are in and empathize with your plight.
I was in the same situation with MTEI, but no matter how positive
of a face is put on the thread, it will not stop the fall.
You're in the denial phase right now, next comes anger,
but by the time acceptance hits you it's too late.

Take my advice, cut your losses and sell this stock while
you can. No matter what your average price/share is, it's better
to get out now with something.
I believe the controlling forces that pushed this pick have
been and are now selling. We've seen the slow deterioration
of all their hyped holdings. This is like the Titanic, there just
aren't enough monetary life boats to get everyone off in time.

Again, I wish I was wrong.

I wish even more that someone had told me what I
now tell you.

Best of luck.

Bird (Women & children first)