Magellan Energy, Ltd. (MGLG)

[trackkwizzard]

Here comes the fracking and LNG. Go USA and MGLG

[rwdutch]

Schwab still shows shares , need fracking to start up again and sell our rich natural gas to local distributor.

[symdn]

Any updates here? Knock knock

[sony12]

Anything new here

[tykerules]

Please let us know what they say.

[trackkwizzard]

We wait.
Volume today 2,417,000
We all need to call and have those shares returned to our accounts.
Never heard of such CHIT like what TD Ameritrade did.
Company was never delisted.
My etrade account still has My MGLG shares
so How can TD disappear them?
I'm callling Monday.

[rich2]

now what ?

[trackkwizzard]

This was not delisted.
$$$$$ $MGLG

[trackkwizzard]

I'm looking into what TD did as I had shares in TD and Etrade.
My Etrade MGLG shares are still there, but like you TD
deemed them worthless and disappeared them just before
selling to Schwab.
Don't forget the unbelievable amount of shorts there were here.

$$$$$ $MGLG

[symdn]

I wouldn’t even remember lol

[AhoohA]

Yeah, 'THANK YOU' symdn, I think you 'directed' me to this 1 as you were trampling the other 1 that I was in at the time (something with a HY ?), HA HA !

[symdn]

Nothing. Still waiting, 15 years so far haha

[rich2]

Any news anyone ?

[sony12]

Whats up here

[Vet5847]

Happen to know where any shares could be bought? TD sold all MGLG holders shares on 11/01/22 and although there is record that they were owned it still does say "sold" and deemed a "loss". Im looking for somewhere to buy more in hopes they will be bought out.

[totffe]

I think the key word for us is "rehabilitation of old wells"

https://simplywall.st/stocks/us/energy/otc-mglg/magellan-energy

[trackkwizzard]

6,150

[sony12]

2million

[sony12]

Not sure

[Vet5847]

Why do you think it keeps showing volume every now and again??

[Vet5847]

Why do you think it keeps showing volume every now and again??

[sony12]

More volume

[symdn]

Yes I can find the board but not the symbol. Kinda odd

[rich2]

When I type in mglg under quotes "I get no symbols found"

Right next to it under I hub

I get " board search:MGLG"

[rich2]

I get symbol not found

[symdn]

I don't see mglg listed on ihub anymore. Anyone seeing the same?

[rich2]

HOW DO YOU BUY A LEVEL 4 STOCK ?

[Vet5847]

Why do you say that?

[sony12]

Buy

[Vet5847]

Thanks Track! Been a holder since 2009..Dropped 4k after I got back back from my first deployment and it was quite the blow when I lost it all(I know im not the only one it affected). Been following you and everyone else on here for years and appreciate you and everyone elses knowledge and efforts to respond to me/one another. Staying optimistic #mglg????

[trackkwizzard]

Yes, I believe so and MM's who sold fake, air, counterfeit shares would have to pay those shareholders too.

[Vet5847]

So if they were to buy Magellan they would have to pay us out for the stocks that we hold? Even the ones the closed as positions on our TD accounts?

[symdn]

Mine as well, moved from tradeking to ally. I tried to put in limit sell order but it said mglg is not a valid symbol, yet my shares are still showing on the account fine.

[artdo63]

I just scrolled back to Jan 2015. Was Tradeking. A lot of history in those posts.

[artdo63]

No can’t remember name anymore. Was one of brokers that would do penny stocks without restrictions. I moved when scottrade would not let me trade MGLG when all the court stuff and hijacking’s occurred. Well then Ally bought these guys and now restrict you to a penny to buy. Can still sell but not buy. So my pennies that just kinda died have gone there. And still they sit. Should really just take the loss and be done with them.

[trackkwizzard]

Was it called sharebuilder?

[trackkwizzard]

Ally???? TD did not make me move mine. They sat there until they were deemed worthless. I suspect it is a move by TD to shore up their books.
Who has your shares? How did they make you move your shares????

[artdo63]

My Ally still shows my MGLG shares, valued at 12 cents. TD made me move them when they took over scottrade. Ally was called something else back then.

[trackkwizzard]

A Canadian company. Hope they buy MGLG and a bunch of cash gets dumped into my trading accounts. LOL
$$$$$$$$$$ MGLG $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

[piecesofeight]

Who is Encore Energy that is drilling in Eastern Tenn and KY that is advertising for investors?

[trackkwizzard]

No problem.
A very wealthy Russian Canadian fought his partner in court to get control of this company.
I wonder why.
$$$$$ MGLG

[rich2]

Track,
Once a stock goes to the bottom of the barrel, I do not check on anything any more.
Just like politicians they say they never do this or that, until they get caught doing this or that
so I know you are correct about shorting

I want to thank your for sharing and giving input

[rich2]

Track,
Once a stock goes to the bottom of the barrel, I do not check on anything any more.
Just like politicians they say they never do this or that, until they get caught doing this or that
so I know you are correct about shorting

I want to thank your for sharing and giving input

[trackkwizzard]

It wasn't at .0001 when they began shorting it.
And yes, we all know that they do!
Sorry, no newbees on this message board.
$$$$$$ MGLG $$$$$$$$$

[rich2]

Track. Please respond

[totffe]

No brokerage company will allow margin activity in penny stocks, nor will they short them under most circumstances. Margin and shorting on a .0001 stock is ridiculous.

[trackkwizzard]

Well, if you had a margin account, meaning the day you sent money you could purchase without waiting 3 days for the funds to clear, or sell something then turn around and buy something else with the money, Yeah then they can use your shares to lend to shorts if you do not have a sell order on them for yourself.

[trackkwizzard]

No, but good idea, especially when the covering and price goes up. I have high sell good till cancel orders on the shares in my Etrade account. I had shares in both Etrade and TDafraid.
I documented the transaction ID number from TD when they took my shares.

[trackkwizzard]

Taxes would be enough. They are playing musical shares IMO moving shares around to cover their or their friends short azzez due to margin calls coming from all the hedges and MM's problems with
FTX collapse.
Just my educated guess, I could be wrong.

[rich2]

I was told that when TA Ameritrade bought out Scottrade, I signed something in the beginning(years back) that allowed TD Ameritrade to do what they are trying to do now. I do not have a copy of that, guess I will save a copy of everything I sign.
I have my 2020 taxes that showed I owned them, that is all. Enough? Thank you in advance