Magellan Energy, Ltd. (MGLG)

[trackkwizzard]

There are air shares swirling around in space. If the company comes back to life, which I believe it will, the shorts will have to buy shares to cover their shorts. If it dies, which I do not believe it will, shorts get to keep the money for the air shares they sold.

This is why you see some trades going through. Shorts covering as they have never seen such resilience on a grey ticker for this many years. Big Russian/Canadian bucks behind this company.

Yellin' Magellan Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee sometime in the future.

All my opinion.

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