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Re: phrantic post# 1569

Tuesday, 11/03/2009 9:31:24 PM

Tuesday, November 03, 2009 9:31:24 PM

Post# of 52074
Phrantic...in answer to your question: "No, not at all!"

If you go back and read ALL the content of my earlier posts you'll see that I was ONLY querying the trading strategies of "those individuals on this board" who have been enthusiastic about MZEI since June, HAD the funds to invest when the stock was around the 0.065 - 0.085 range, BUT DIDN'T BUY ANY UNTIL NOW (NB: In threw-er-back's case I understand now -- he could only invest as the funds became available -- that's perfectly reasonable).

But to everyone else who failed to take action and now try to justify it by saying "but now's still a great time to buy MZEI", I'd like to point something out to you...

MZEI traded within this two cent range ($0.065 - $0.085 per share) for a combined total of "31 trading days" (that's a month and a half calendar time) since June 5th. Sometimes the "0.065 - 0.85" range was breached on an intraday basis...and other times (the big majority in fact) it was where the highs and lows of the trading were found on those days.

Don't get me wrong, guys. If in a few years time someone discovers MZEI (and has never previously owned stock in it) and the share price is say, $2.50. It would be an excellent entry point for THAT person if there was reason to believe (primarily based on EPS metrics) that the stock price could hit $5 a share within a year or two from that date.

But if that SAME PERSON had discovered the stock back in June (or even today) and had failed to buy any when they had the "financial means to" and the "knowledge of" the company's future potential, then waiting until the stock reached $2.50 would be rather...ummmmm..."moronic??????"

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