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Re: headintothelake post# 33627

Friday, 11/16/2012 5:04:16 PM

Friday, November 16, 2012 5:04:16 PM

Post# of 84959
The investment climate the past 3-4 years has been the worst I have ever seen in 30 years of investing. Aside from everything else, I think MRNJ has done quite well surviving these desperate times, not to mention carving out a niche for itself and increasing revenues and clients. If management had been irresponsible it would have not made it, in my opinion. That should also be part of any perspective judgment rendered on management. All that management has done cannot be simply viewed in terms of the share structure, that is myopic and simplistic. If this had been 10-15 years ago, this company would have gotten financing a LOT sooner. It doesn't matter to me if NO ONE else invests in MRNJ, that is not my reason for tuning into this board. Revenues will run the pps pretty soon, which is a far better dynamic than a rush of short term investors flocking in for a hopeful quick buck and running the pps based on impulse buying. For me as a longterm investor, I am interested in what Storm and others like myself are saying.
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