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Replies to #1696 on Research Pit

Jagman

09/14/05 6:29 AM

#1697 RE: Waitedg #1696

Waitedg, do your own DD when you get a chance on the MLTO website. I just took a quick look without checking anything else about the company.

PS: Good to see you looking hard, I think FASC turned you into a "Show me" investor! LOL! I know you still have some hopes for FASC, but I see too little too late and the Malaysia deals a big red flag, IMO. Too easy to hide money that way.

Mr. Zen

09/14/05 7:32 AM

#1699 RE: Waitedg #1696

Waitedg, re MLTO right now I am looking at this stock from several angles
1. the 1.1 million float
2. the reported increase in revenue stream, (which is far greater than most companies in any sector month over month)
3. the reported filing of the 10k that will get this stock ready for the larger more respected boards.

As with any stock, especially low float pinkies, they need to be considered like a loose woman, they are fun to date but not someone you want to bring home to meet the family.

What we don't know..
1. what is fair value: i.e. where will this stock price settle out. my guess here is anywhere from $3 to $5 depending on investor sentiment on it.
2. is it truely what it says it is, talk is cheap, but if the talk is true and they pull off this marketing plan this company has the potential of being a $20 stock within a year.

Bottom line: it fits my catagory of low float 300% gainer within 6 months..that is what I look for.. but until I am comfortable with it and it has reached it's 100% gain point I do watch it intraday.

conclusion: every investor has to think for him self, and red flags should be noted....especially from someone who has worked in that field.