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Re: Traderfan post# 1979

Friday, 03/17/2017 11:06:50 AM

Friday, March 17, 2017 11:06:50 AM

Post# of 2188
This is where we agree to disagree. I'm not trading this stock. And if you're referring to Deet(?)...yeah he's an idiot. He had zero points that panned out. But now we know that the liabilities (debt) associated with this stock should be around $3.5mil today. So the question remains - do you believe that $MNII will see $4.8 mil payout out of $48.5+mil claim (not including interest)??? If so, then $.25 is a steal per share! That would pay out $1 per share. Realistically we see principal plus some interest. So now we're talking $50 - $100 per share. Is $.25 a steal then? Much less the $.06 price today.

But, I have never claimed that traders should own this stock. The fact that you are here is quite funny to me. This is a load and hold stock. The OTC traders need not apply here. Sellers are making me smile, because they are missing out on the opportunity of a lifetime to chase some other POS OTC stock lol. I'm patient and want to hold 1 year at least before anything happens. Also, many of the others here are holders too, not traders of this one. Aqua is a good guy. But that's why we don't see eye to eye on how to look at this. People putting money in here not expecting to sit on it for a while are silly. My assumption was most people buying were going to hold as long as it takes, but I assumed wrong...hence the sell down. I'll take the cheapies. I hope we see .005 again. But if news ever gets close, know that there won't be shares to buy this next time around for the 'traders'. They will be retired in one of our accounts ;)

$MNII

"One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute." - William Feather.