GREY:MKRYF - Post by User
Post by
jerrybeon Oct 16, 2015 6:05pm
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Post# 24200146
How stupid...
How stupid...am I?
I bought more MEI and I am already down almost 20%...how can it be at these low levels?!? Lol...I made a lot recently on oil stocks...and my one stock down for the month: Manitok!
It is a mistery of a firm: On the one hand, Mass has been able to build what is on paper a formidable collection of assets, ready to grow at a fast clip when prices rebound...on the other hand, it seems he put the whole operation at risk of bankruptcy by keeping it dangerously high leveraged.
Clearly, for now, the market thinks he will fail...but my hunch is that we will get a major partnership announcement before year end. Obviously, most investors probably should wait for that announcement to be made...unless they feel like gambling!
GLTA!