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 : ABFG - AMERICAN BENEFITS GROUP, INC. -- Ignore unavailable to you. Want to Upgrade?


To: DoubleOddBuck who wrote (1894)4/20/1999 12:29:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 4128
 
DoB, it's been a while since I actually read that story. Check out this paragraph:

In June, Shell took note of a mining company called Mountain Energy. What caught her eye, she says, were postings announcing that the stock, then trading for pennies, would soon hit $5. Shell started digging, and here is what she says she found out: An "informant" told her that Mountain Energy's management team had once been charged with fraud. She also heard that the firm's main asset--a tract of land Mountain Energy claimed was worth $200 million--was worth little more than $100,000.

-- Mining company
-- Stock was supposed to hit $5
-- Management team once charged with fraud
-- Main asset vastly overvalued

You think maybe Janice is getting a sense of deja vu?

- Jeff



To: DoubleOddBuck who wrote (1894)4/20/1999 12:36:00 AM
From: Shark King  Read Replies (2) | Respond to of 4128
 
Thanks for bringing this article to our attention...
It's hard to dislike a person with a cause...
Do people deserve a second chance? Or do we attempt to run an entire company into the ground because of one bad seed trying to get it right. I think the company can defend itself just fine if there are questions. We will see over the next week or so.
Good Night,
Shark