Ann: December 2012 Quarterly Report , page-47

Nellie
it really is incredible that you would want a poster such as myself moderated because my opinion is different to what you want to hear.

As someone who only takes long position I would welcome any poster who come's on and make's a opinion backed up with facts. At least then you can go away and check if their is any truth in the comments.

On many occasion i put forward my reasons for my opinion. No one ever challenges the facts my opinions are based on they just attack the person.

As too why I post.

Well have lots of time and I am continually trying to improve my analyst skills so that when aI buy a stock it meets the right criteria.

I probably only buy 1 stock out of every 20 I loook at. I waste lots and lots of time before I every find a stock to purchase. I have a certain set of criteria i look for.
MAD met most of these. But their was no way I could understand how it could have a market cap of nearly 600M nack in june 18. So i decided I would put my view on HC and let the posters pick holes in my argument. And each time some picked a hole I went away read reports etc to validate their argument and almost every time I ddetermineed the arguments were wrong.

Ever since the price has fallen and the market cap has declined. I have been hoping that MAD could turn the corner and justify it's market cap.

However the latest report is just so disappointing and I think everest is most likely right.
the oil aint there and what's their will be too costly too extract.

I am no longer interested in buying MAD but as a education for me I will continue follow thrie progress.

I have been buying shares for 30 years and I am still trying educate(improve) my skills.

If you are going to play in this part of the market you need to understand that 9 out 10 lose their money. So if you want to be in the 10% who are sucessfull you need to listen to every view.