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Im in this too along with a few other petroleum and gas plays - right now Im focused on buying CHQ
http://investorshub.advfn.com/boards/board.aspx?board_id=11718
Yeah, what a wonderful long/mid-term chart. Ever since MPET touched .85 it's been up, up, and away. Oil prices sorta help...
MPET si doing great again :)
Yeah, the consolidation was good but now it's over and this thing is getting squeezed up into it's next leg, imo.
OK, people are moving this one today. Let's get it back into the $2's...
Magellan is in the right place. Great outlook for this company.
Nice bounce off support on low volume! Like to see this test $2 again next week.
Looks like we've found support here. Everyone seems to have jumped ship.
I like it still :)
Ya but even if oil pulls back to $100 its still way higher than it was around this time last year.
hey tool , looking very good so far, potential resumption of upward move.
Looking for a solid green day here to start the next leg of the uptrend.
Have a great day all!
If oil drops this can pull back some more, but still i think it could be a good catch possibly next to its uptrend line.
nice retracement today, i like these level 1.73-75 for some support and possibly move higher.
MPET - as always quite time is where u want to pick those shares.
Batter UP!!!!!!!!!!!!!!!!!!
MPET 2$ on deck now again
Yes they did, and its a great one too
yup bud, thats also the smell of Great Succuess !!!
The Sweet smell of Oil & Gas and no Debt!!!
my near term targets for tday 2.03 first and then 2.13 area.
this charts is just huge.
Whats to come???
MPET - everyone got a fair alert on whats to come :D, hope everyone banking - nice bank !
MPET train moving into 2.00's pre market
you can't make any money sitting on the side line. :+)
Still on the sidelines - hoping to buy a dip
yes the MPET monster is striking, i see 2's coming
MPET - MONSTERRRRRRRRRRRRRRRRRRRRR!!! 1.87!!!
MPET 1.87 nhod ...:D on its way to 2.03 today imo
MPET (1.80) 30min. CHART:
i think it's going higher. The move is happening now.
crap - I was looking into this one this past week and missed the move.
Do I dare buy tomorrow???
I think this could absolutely explode tomorrow. 2 YEAR high today!!!! Nasty candlestick with room on the RSI to move higher...
thats the idea, we'll have some more projection in case we hit it and take it tomorrow...hang on bud.
We could see that short term target of yours tomorrow...
Superb close today , closing on a strong note.
We all knew this would eventually be a MONSTA!
Volume speaks for itself, cant get any better :) tomorrow should bring more same type of action.
volume CRAZZZZZZYYYYYY!!!!!
well i told u to practice NHOD didnt I ? ;) 2.03 next target
Good lord, we're gonna wear out NHOD today on MPET. Don't look now but...NHOD! $1.83!
NEW HOD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Great move here. Look at how much money is coming into this stock. Someone big, or someones, must have found this little gem.
Weeeeeeeeeee
THIS MOVE CANNOT BE IGNORED!!!!!!!!!!!!
Yep! Going higher, IMO.
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Magellan Petroleum Corp. (MPET)
http://www.magellanpetroleum.com/mpal/
Company Address:
7 Custom House St., 3rd Floor
Portland, ME 04101
Tel: (207) 619-8500
Fax: (207) 553.2250
Registered Office Magellan Petroleum Australia Limited
(ABN 62 009 728 581)
10th Floor, 145 Eagle St, Brisbane,
Queensland, Australia 4000
GPO Box 2766, Brisbane 4001
Tel: 61 7 3224 1600
Fax: 61 7 3832 6411
Email: magadmin@magpet.com.au
CIK: 0000061398
Magellan Petroleum Corporation, through its wholly owned subsidiary, Magellan Petroleum Australia Limited, and its majority controlling interest in Nautilus Poplar LLC, is engaged in the sale of oil and gas and the exploration for and development of oil and gas reserves worldwide. The Company engages in oil and gas exploration and production in Australia, North America, and the United Kingdom.
The Company has a differentiated business model guided by personnel with over 100 man-years of large oil company experience.
It works to capture discovered, but “under-exploited” natural gas and oil reserves. It adds value through unconventional commercial solutions (Methanol) and in tertiary reservoir plays centered around CO2 flooding. The Company pulls together large Company partners for development endeavors; we work at the moment with Petronas, Shell, and Osaka Gas.
Management: http://www.magellanpetroleum.com/Content/Governance.asp
Company Presentations: http://www.magellanpetroleum.com/Content/Company_Presentations.asp
Recent News:
http://finance.yahoo.com/q/h?s=MPET+Headlines
Transfer Agent:
American Stock Transfer & Trust Company
59 Maiden Lane
New York, NY 10038
(212) 936-5100
(800) 937-5449
www.amstock.com
Share Structure:
Outstanding Shares
52,335,977 as of Nov 1, 2010
Authorized Shares
200,000,000 as of Sept 30, 2010
Investor Relations:
Jeff Tounge
(207) 619-8504
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