GREY:MKRYF - Post by User
Post by
wittmannon Sep 27, 2017 9:40am
141 Views
Post# 26747132
Strange BB
Strange BBInstead of attacking negative posts(childish) and instead praising a company that has a stock price in limbo...why not ask yourselves what the reason is that MEI hasn't increased one iota in share price when in fact every other oilco has had a tremendous rally from their lows?
Pumping a stock that one owns is to be expected...but pumping one that cannot increase its market cap ..when all others are...makes no sense.
Companies like this one don't care about its investors...self preservation is the name of the game here.Be it share dilution...partnership...anything to survive.You cannot create a "bigger" company by simply increasing property.The debt is the potential destruction of MEI.
Survival of MEI will likely be assured one way or another.
But rest assured it will destroy all share holders value when they begin anew.
The share price doesn't move for a reason boys...the market is rarely wrong on a stock like this.Granted..if I bought this stock higher as many of you did...its a tough call to decide what to do.
Hang on and hope for the best I suppose.Its too late now anyway.
But good luck to you.