RE: RE: RE: RE: RE: NEWS is OUT production startedCougar, I am just talking out loud and being realistic in an ugly market. Just a guess and there was no mathematically equations created for this.
If you have another investment that will deliver a guaranteed 300-500% return in 2-3 years then yes you may want to sell and I know there are a lot of interested parties lining up to buy MPE shares. (About 450,000 shares on the bid side form .10 and up. ) What do they know?? There is no guarantee of course with MPE share appreciation.... But what they are doing right now and the contracts they are getting
is not if we can get sales but how can we expand production. i.e you get an order for 3X current volume of production. It will cost money to get equipment and machinery up to that level. Was mentioned in the Alfalfa aquistion. What about the $ in government grants waiting for approvals? Will the stock price change if they get 4 million in grants? Of course, it would probably double just overnight as it woudl almost double its book value. But until we get more info, it is just a guessing game depending on how opptimisitc or pessimistic investors are.
Unless you are dealing in options a 3X-5X gain (300-500%) from these levels should be very realistic and would be probably 3-5X greater (60-100%) than what the general indices earn in the same time period. If you have any trading secrets to make more than 3-5X more than the market I am all ears. I know personally my spec stocks are up 35% these past 30days from Dec lows after an ugly 2008 and would
hope they could still double or triple by the end of the year. So great potential for the next rebound of MPE to the .20-.25 level eventually with very little new news so doubling form here woudl be easy once the "sellers" are out of shares again. Getting to the .50-1.00 level is going to take real $ being earned.
If you bought at the plus $1 level, I am sure eventually that price will be hit but my name is not Michael and I am not full of P3, so I am just being realistic on where I put and keeping my money for maximum growth at this specific time. Irrespective of how much or little I paid for the shares. So for myself, I am not interested to sell until the value is
much much higher than today which is really a big endorsement as there are so many opportunities to make a quick buck in this market. Once in a lifetime opportunity for a lot of things.
I know Raymond wants to turn MPE into a 100 million worth of revenue business versus the 11 million $ that I indirectly said could be possible within the next 1-2 years. All MPE businesses are in growth sectors and are essential consumable products or transport consuamble products with some barriers of entry. But this is not going to happen overnight. If you hold enough shares to make it worth your while, call Raymond to get some insight (to discuss all previously disclosed information discussions only of course) on whether you should be selling or buying. Although his English is not 100% his heart and conviction to the success of the company is, as he has his own money and family's money invested in it.
Will keep my entries to a minimum going forward unless there is something of substantial value to bring to the table. Good Luck to all. Level 2 close below: Sellers are drying up for now while bids are growing.
| # Orders | Board Lots | Bid | Ask | Board Lots | # Orders |
| 1 | 54 | 0.130 | 0.140 | 119 | 3 |
| 2 | 100 | 0.120 | 0.150 | 30 | 1 |
| 1 | 20 | 0.110 | 0.180 | 30 | 1 |
| 3 | 130 | 0.105 | 0.350 | 10 | 1 |
| 5 | 583 | 0.100 | 0.850 | 4 | 1 |
| 5 Feb 2009 16:59 PM ET Real-time quote TSX Venture |