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Mitec Technologies V.MTMH

"Mitec Technologies Inc exited the telecom and satellite communications area in 2012 and is exploring interesting opportunities in other areas."


TSXV:MTMH - Post by User

Bullboard Posts
Post by elassowipeoon Apr 06, 2004 8:17am
246 Views
Post# 7319891

I'm back. I'm a long ago long

I'm back. I'm a long ago longand a SUPER SMARTIE! #1 MTM always gets ahead of itself. Makes you wonder why the brokerage/houses keep raising and holding such a high percentage of shares/warrants/options that get deep under water so soon after being taken. MTM since well the days leading up to the BEVE mess hasn't been profitable and frankly MTM never really was super profitable. Was a better company when smaller. However. I see this price and market and competitive environment a good bet. Have many more reasons but will keep these to myself. MTM is a company where some common sense and diligent research and analysis will lead to success in knowing when to hold or fold. I have NEVER lost money on MTM and have been in/out 10 or so times. I'm not a trader and my holding periods have been weeks to months. Only mistake was getting in and stuck in the low thirty cents range. I was shaking my head during those mid/low 20 cent days. (Only a dime but nearly 30% cut ain't good, I was lucky there). However I sold out over 50,000 from 30 cents to $1.50/2.50 area. I had no basis to keep over $2.50 and frankly can't believe it went over $3.00. More amazed that they raised cash at $2.75. Dummies. Anyways. I'm bullish.
Bullboard Posts