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Microcap & Penny Stocks : MNTG... MTR Gaming.... Let's Go To The Races.... -- Ignore unavailable to you. Want to Upgrade?


To: Fred Puppet who wrote (552)2/10/1999 11:47:00 PM
From: Robert L.Stone  Read Replies (1) | Respond to of 645
 
Fred,Thanks for your comments.
Yes, I feel its great news that the court made Mr."B" sell 1.3 million
shares.This 10% block is being broken up and sold to the public.This is a blue light special.This is the worst time to sell It's the dead
of winter. This guy was not going to sell until to do so by the court He is an MNTG insider and knows what going on..The court forced him out over time his loss will be your gain.The market makers know this to.When they are ready to spring this thing you might even see a million share day.I HOPE ALL OF THE STOCK Mr."B" sells ends up in the hands of the market makers.That will be the iceing on the cake.Once they get it all they have to sell it all at a profit.

The market makers are doing a good job keeping the price steady.It's to there advantage to trade side ways.If they break the price lower
they'll have to much selling and be in a poor position to make money.
I wonder if any of Mr."B" stock is falling into the hands of other insiders.

Problem
The market makers could not find any one to buy the entire block,If they did they would not have broken it up.These big blocks are kept together for Large block trades.

Question
Who's buying?

Watching
I've been reading the yahoo Penn thread.To keep up concerning whats
going on there.I am not worried yet The vote on PA gaming is not
untill may its non binding.The state senate will also have to approve it in March.MNTG usually follows PENN.Were do for a move north

Action's speak louder than words.
This PA action could spark the state of west virginia to act.
As you stated they will lose 1/3 of there players.The state will lose
1/3 of there MNTG tax revenue.

This stock also has been good to the players in down markets.

Problem boring and trading sideways.

We face the unknown not everything is as it appears.What's going on behind closed doors??? How are the earnings going to be Last qt MNTG had record earnings.

I heard via the yahoo MNTG thread the progressive slots are doing good.

Don't let the forced court selling knock you out of your position..As stated it's a plus over time.

Bob S