INVEST IN GOLD!!!! International Banking
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Anyone notice how it moves up to .0002 with 1/20th the volume that it used to take to move it? I think the shares are getting tight and we should see a run soon. IMO
Profitchaser posted a link in the Ibox. The AS and OS are still the same, the float raised a little do to the pps drop in December. The shares should be just about bought up by now, IMO the MM's are running dry on shares.
I agree, the float has now been consumed, shares are getting tight, the chart over the past month, plus current activity shows this IMO. The next time we start getting Volume we will move. I agree that all we need probably is 20 mil, once we break 0.0003 and have 100 mil volume, the sky will be the limit.
looks like .0002 is forming to be the new bottom. We should break 0.0003 with some more volume. Next time we get 100 mil volume 0.0003's, 0.0004's should start printing. After the 0.0003 break, the sky's the limit.
There has been some nice churning this past month, and especially recently. The Float should be just about gone, and all the weak hands have been getting out, if they already haven't done so. MGLG is primed for the next energy bull run. Go MGLG!
Board marks are on the rise as well. This puppy will run soon. And if and when we get some news, I see tis running all the way to 0.002. The AS is small about 600 mil. If these other stocks with 6 bil AS can run after being at 0.0001 for months with no bid or no news. The MGLG can touch the sky IMO.
MGLG will run its only a matter of time! If UVSE and others alike can make a run with over 6 bill AS and no news since september. Than MGLG can skyrocket, its a ticking time bomb. http://ih.advfn.com/p.php?pid=webchart&cb=1238641728&symbol=NB^UVSE&period=4&drawmode=2&size=19&volume=1
Like I said this morning, i heard news was in the works.
looks like everyone is waiting on the PR
Sorry, when I said she I was referring to the company. I apologize for my wording, didn't mean to confuse you.
lol block of 100 just traded. The mm's know something is in the brewing that's why they are manipulating the stock, their trying to accumulate all the shares they can before the PR is released.
People like to bash, it happens in all PINKS, Ive witnessed it happen EESO many times. As soon as the pps drops, the rumors start flying.
That's fine I'm loading up on more shares as soon as my wire transfer goes through, I hope MGLG is held down until then.
I believe their getting more gas then that. When they refer to the 3-4 barrels a day, they are referring to the oil that they get from the well "Which is a Bonus" The main purpose is to extract gas from that well. Anyways I have a feeling production has been increased, and that they may have found a way around the BTU issue. Well see when the PR is released.
I just called a few minutes ago, no answer, then I got a call back. Expect news soon, Karen apologizing for making the investors wait. She's been busy working on the lines in order to extract the oil with high BTU levels.
Agreed this stock has hit rock bottom, I saw eeso do that last year, everyone was running and panicing, now look at them.
the mm's are playing games with the pps and are now ready to let it run.. They are trying to up the ask, as soon as buys start coming in on the ask will be set.
They sure don't that would be dumb when they could sell it a 0.0002
nope the mm's are trying to get interest.. There going to run the stock. All games
I dont know looks like 100 mil plus shares bought at 0.0001
There were two earlier, I heard that nite just left, so I'm thinking theres only 1mm at 0.0002 now, the rest are waiting at 3 and 5. A little bit more activity, and we should shoot up!
Grrr.. I can't get filled
Awesome, only 2 mm's on the ask, the MM's are finally backing off, and are going to let MGLG run! IMO we should see 0.0005 today!
MGLG is looking like a coiled spring that's getting ready jump. 0.0002 with heavy volume over the past 3 days. This stock is rocket bottom, and is on the rise.
What are the level II's looking like?
MGLG is set up nicely to run. A panic back in early Dec sent this to 0.0001 With the volume this passed month, and With the Current share structure, I see MGLG breaking .001 by mid week. if we get some news on top of that we could see .002 by mid week.
Float - 36,325,396 as of Jul 30, 2008
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Outstanding Shares - 129,180,184 as of Jul 30, 2008
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Authorized Shares - 600,000,000 as of Jul 30, 2008
Im looking for an afternoon pop. If PHMB can run then MGLG has too!
Taking a long time to get my buy orders filled. It took 20 minutes for the first one. I just put another order in at the ask 24 minutes ago and I'm still waiting. Anyone else having trouble getting their buy order filled at the ask?
float should be about dried up, I think we should start seeing increasing the pps any minute now.
I sent investor relations an email. IMO we will hear some news soon. We haven't heard anything since December, and volume/interest has been picking up a lot lately. Plus the fact that the end of the first quarter is approaching, are all pointing IMO to a PR coming soon.
Looks like news is coming, I just contacted Magellan Energy to confirm this, I'm waiting on a response back.
I think so too, the end of the first quarter is approaching.
sorry. I missed the date I saw it on the website read it and thought it was recent.
Found this: http://www.qualitystocks.net/newsletter/041707.html "middle of the page"
Magellan Energy Ltd. shares were up again this week on the anticipated announcement that came last Friday. The company announced today that it has signed a letter of intent with an Oklahoma Private Oil and Natural Gas Group to acquire a substantial portion of their proven and producing properties subject to an extensive due diligence study by Magellan and its advisors on the properties to be acquired. In total there is approximately $100 million in proven developed/undeveloped reserve properties in the Oklahoma area that Magellan is currently negotiating.
Magellan Energy's objective is to seek out and develop opportunities in the Oil and Natural Gas sectors that represent a low risk opportunity.
Volume pouring in! Can't wait tell after launch when the real Bullishness starts! Well I'll talk to you all in a little bit, congratulations to everyone that got in earlier, we have a green future ahead of us.
I'm loading up on more shares. This puppy is set for a nice run, like MOMO said easy 10 bagger for sure! Setting up nicely for a run any time now, probably after lunch.
I had to wait 20 minutes to get mine filled. Looks like some huge buys coming in.
PHMB volume 55 mil steady incline in pps! Afternoon run is setting up nicely. Easy 10 bagger.
That run you were talking about, is starting today. Time to get in for the lotto move!