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Talk about losing out on big gains. You could have bought 3 times the amount of shares today.
I'm just saving investors from losing their hard earned discretionary income. 4's are just around the corner. For those still holding the bag these future drops will be quite expensive.
He comes sour hour expect the next drop...
New MM's pulling out.
That's a joke. This company has more shares than car producers like Ford, GM and so forth. How will they ever get ahead. Only a rollback can save them.
The day isn't over yet. Let's wait for sour hour.
Who cares where NG prices are going this winter because Magellan will never capitalize with the billions of shares it has.
What percentage. That's not even clear. Could be 15% for all we know.
Are you talking about that mythical news release that people have been going on and on and on about. This stock will implode before this company has anything else to talk about. I give it 2 weeks maximum before we hit the 3's
And issuing more shares. Can you hear the value flushing down the toilet. At least someone got my hint.
Still too expensive to buy this diluted company.
I'd be giving you my sources... You'll hear about it don't worry.
4's is a certainty tomorrow.
For all we know they're issuing more shares to acquire new leases. This company is so vague about their activities they could be robbing people while they buy shares. Like everyone says, American openny stocks really don't have to declare anything. Their website is a prime example.
MGLG is going down tomorrow... I hear bad news coming out!
A roll-back is needed for sure. They'll never make a decent profit per share at this point.
6's will die soon as people start realizing that nothing will get flipped at 7. 5's are around the corner.
Another weak day... Looks like 5's might be coming soon!
So how much are we dropping this week?
I can't believe an IR person would say such things... That's a fact.
You mean 3's
I think your memory escapes you.
Looks like we've got ourselves a little rally before the next fall. Don't you hate it... The next trading day is Monday. The double point drop day. Sour hour is upon us.
Then please tell me why the last news release did nothing for the volume or the stock price.
"MAGELLAN ENERGY ANNOUNCES ACQUISITION OF LANKFORD LEASE IN MORGAN COUNTY, TENNESSEE"
Do you remember this news release? It did absolutely nothing for this stock.
I say 5's today, but I could always be wrong.
There will be so much anticipation for that news release that by the time it does get out it will be perceived as a big nothing. As in, why did I wait so long for that ridiculous information.
Very good strategy... Might as well profit on the way down.
Take those 6's and be caught with big 4's later.
It's almost the end of sour hour. Will we see 6 today?
Back to 6's... Soon 3's.
Good man... Flip away and don't commit yourself!
MGLG is a dog with no legs.
It has billions and billions and billions of shares.
We don't even know how much debt this company has. Where's the financial statements? They don't even publish them. There's no way to do due diligence here. There's plenty of better penny stocks out there. Why bother taking the risk!
The current trading taking place at the 7 to 8 level is only a "burp" up on the eventual downward road. Don't get caught up in the current suckers rally.
Where's that lame news release? By the time it comes out it will have no effect whatsoever on the stock price. It will more than likely be received as the biggest cod chill since the beginning of this stocks career. Small figures to be delivered against billions of shares outstanding. Is there any hope for this company???
Are you guy's still wondering how much this company needs to make in order to create any significant earnings per shares with all the billions of shares outstanding. How much debt does this company have? We don't even know... Where's the financial statements????
How long will this suckers rally last before we drop again?
If I was desperate I'd say "sell now this is the last exit available". By the way, am I Canadian or am I Swiss?
This company is the one selling whatever shares they can so they can continue doing business. They need money...
I'll laugh if we see .0005 tomorrow. Today's hero will be tomorrow's loser.
Time for the sour part of power hour to beggin. Every flipper is about to unload.