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Magnetic North Acquisition Corp V.MNC

Alternate Symbol(s):  BKBLF | V.MNC.PR.A

Magnetic North Acquisition Corp. is a Canada-based investment and merchant banking company. The Company is focused on providing financial advice and services to companies in the clean power technology, oilfield services, consumer products, and technology (software and hardware) sectors. The Company invests and manages businesses on behalf of its shareholders.


TSXV:MNC - Post by User

Post by rob2000on Nov 13, 2001 11:35am
615 Views
Post# 4399371

Selling season

Selling seasonEnd of the year is usually the worst time to sell a penny stock. Investors routinely dump these stocks at the end of the year. Personally I have bought more. There is no good reason why the stock should be this low. Investors are treating this stock like nothing is going to happen. Personally I have seen progress, albeit not as fast as everyone has hoped. What keeps me very optimistic is that they should be commencing production in the near future and become cash flow positive. Once the speculators are driven out, we will start a new cycle of growth. Many I am sure are on the sidelines now with a 'show me' attitude'.
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