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Snow,
I can't answer that question as I have only bought in recently but with all due respect I generally put more faith in information embedded in a company press release than I do the opinions of a poster on a message board. Nothing personal. Thanks an have a great day!!!
Snow,
I do not believe that the statement that the assets are not worth much is accurate.
Additionally, MONA has interest in Inotrek Inc (Chinese based broadband -Hotel ISP) and PP365.Com on line gaming portal and the Company recently sold its North American portfolio. These assets have a book value of 12-15 million dollars. The current management of MONA has negotiated that all of these assets be sold and all proceeds be disbursed to its shareholders as a 1 time special dividend before the MCD closing date, which could be in the 3 to 4 cent range per share.
Bigdogs,
I am long and I believe that we will profit nicely from MONA. In my opinion, the true value of MONA lies in whether we receive cash or stock dividends for the sales of PP365 and Innotrek. If we receive cash divis then MONA will fly. If we receive stock divis I believe we will have a selloff until the dividends become tradeable. Thanks and have a great day!!
Kazor,
Hopefully not too much. I just sent my boy Chuck Schwab some more cash so I can pick up more MONA shares tomorrow!!!!!
Goodlife,
Thanks again. That is certainly very exciting news. Can't wait for manana!!!!!!
Mr. Goodlife,
Thanks for the information but how is it that we know Mr. Woo is a buyer of MONA shares. If he is in fact investing in MONA it certainly shows that there is "smart money" involved in MONA. Thanks.
Captain,
Thanks to you and Bigdog for your opinions. I have read all of the PRs dating back to the beginning of July and it certainly seems like they have some valuable assets. Correct me if I am wrong but the way I read today's PR and associated documents it seems like the 12-18 cent dividend Mr. Winters refers to would originate from the sale of their interest in the Chinese oil company. Is that accurate?
Hello All,
New to this board and to the stock as I took a small position today and will probably purchase more Monday. I have been in on many pennies that ran big time over the years such as LOCH, TALL, NWOL and most recently HTOG. Everything that has recently been announced by management sounds fabulous but I would like to hear from some of the people who have been around for a while if they believe the assets MONA has would warrant a divi of 12-15 cents were they sold. Thanks and have a great night!!!
Sayhey,
Agreed. I will be looking to make that same move in the coming days. Just waiting for my last O & G play to file their 10Q which hopefully will spark a run up in price which I can parlay into RDWG. That summary post was great and this certainly warrants a hard look. Thanks and have a great weekend!!!
KK2K,
Agreed. Any major move I have seen in the pennies has been immediately preceeded by a sharp drop in share price. This is ours. Have a great day.
Anybody know the OS, AS and float on this one? Thanks and have a great weekend!!!!
Angel,
I re-sent it to your Yahoo address. Thanks.
Angel,
What's up. I just sent you an e-mail. Please check it when you get a chance. Have a great day!!!!
From today's action it has become quite evident to me that there is no way the MM's will be able to keep MGLG below .025 if management releases some sort of positive PR. The only potential problem I see is that many on the board have spoken about the release of a PR this week as a virtual certainty and that has created a double-edged sword for MGLG shareholders. On one hand, I am fairly sure that it has influenced some new investors to take a position in MGLG in anticipation of the release of news. On the other hand, if we don't get a PR this week as many have stated there would be, there is a good chance that many of those who bought in based on that expectation will sell and move on causing us to loose a lot of the momentum we are tring to build. In my opinion, it would be best for us to temper the talk of a PR so as not to set ourselves up for disappointment. Have a great night all.
Thanks Dart. Have a great day.
Dart,
Thank you but I realize all that. I was asking how you can assume dilution is going on when all we have traded today is 443k shares now. The only way I could agree with your dilution assumption is if they stopped diluting today. Thanks and have agreat day.
Dart,
Please excuse my ignorance but how much dilution could be going on with 416K shares traded so far today?
Angel,
What's up. Returned your e-mail. Sorry it took a while but it was a busy day at my 9-5. I am hoping we can regain the momo we had between 9:30 & 12 noon today. The way we moved this morning is definitely a prelude of things to come!!!! Have a great night.
Rich Arab,
There is no doubt that more and more eyes are on MGLG as time goes on but in order for us to maximize that exposure to the penny-investing community management needs to put an update out that will retain traders' interest. The penny trader is a fickle individual and without some substantive news every now and again he tends to look for greener pastures. MGLG has the potential to be a very "green" pasture for all of us longs, all we need is a little water in the form of a positive PR!!!!! Have a great night.
I have to say it was somewhat of a frustrating day here with MGLG. We go on a nice run in the AM only to give back all our gains in the PM due to the disappearance of buying pressure. No matter though I guess we will just have to wait the MM's out although it would be nice if the company helped out and provided some sort of spark with news. Have a great night all.
Walker,
Agreed. I like how you are thinking. Have a great night.
I was jst looking at the time and sales from Friday and it is pretty evident to me that the MM's are very short on supply of MGLG shares. For instance it took a trade of only 40k shares to force them to uptick the ask from .0065 to .07 and only 193.5k shares to raise the ask from .007 to .0075. All we need is a surge in volume (>5M shares) to force them to let MGLG run. IMHO, we should be able to get above .01 tomorrow AM or early PM based on buying in anticipation of a big week. Add some news to the mix and MGLG could be one of the best runners we have seen since QMNM. Looking forward to 9:30 AM tomorrow. All have a great night.
Dagnabbit,
Agreed. With the update in the float, AS & OS it certainly seems like management is putting that out there in preparation for the release of some news. The fact that they haven't had a PR since April, along with the thorough DD presented by AngelHillCorp on the MGLG board, makes me think they have some significant announcements to release soon. we should have a nice week ahead of us. Enjoy the rest of your weekend.
Dagnabbit65,
Those are some nice #s. Let's hope we can get some news this week so they can work in our favor. Have a great weekend!!!
From the looks of the boardmarks people are starting to notice MGLG a little more. Let's see if we can get to 145 by tomorrow morning. The nice % gain in share price will prompt people to take a closer look at MGLG and Angel's very thorough DD, as well as the low float, might very well influence them to take a position in MGLG. Personally, I would like to see some buying pressure Monday get us over .01 before the company issues any news. That way we have a nice base to move up from. With the release of positive news and a base of .01 I do not think .05-10 is out of the question for MGLG in the short term. Enjoy the rest of your weekend!!!
Soapy and Ely,
Thanks for the charts and annotations. I am already in MGLG and am hoping for a big week. 36M float and 125M OS and hopefully some news this week. Have a great weekend.
Is the AS,OS and float info in the I-Box accurate. I am thinking about taking a starter position in MGRN. Thanks and have a great weekend.
Nohogs & Golf,
I agree with both of your comments. Once MGLG puts together a couple of up days in a row you will see the volume start to move in and then the real ride will begin. I am not sure if many realize the true potential here with such a low float and possible substantial news around the corner. The move could make QMNM's look like a hiccup. Have a great weekend.
MGLG chart please.....thanks!!!!
Fenian,
With all due respect if you think the MOMO crowd is already here you haven't seen anything yet. Once they arrive we certainly won't be cheering for a two tenths of a penny increase in share price but rather a two cent increase, especially since the float is so low here. Have a great weekend!!!
I have been keeping my eye on the boardmarks here for MGLG and surprisingly the number has not really increased at all this week. Some people may say so what, but that tells me that the momo crowd has yet to discover MGLG and when they do.......watch out!!!!! Let's hope some discover MGLG over the weekend and their purchases will help fuel the upward movement until the company announces some sort of positive news. Next week should be very interesting!!!!! Have a great weekend.
OG,
What's up. Check out MGLG it started to move today. What do you think of the chart? Thanks and have a great weekend.
Thanks Rkor. Have a great weekend.
RKOR,
What's L2 look like please. Thanks.
L2 please.....thanks.
MGLG moving on very little volume.....low float O & G producer and possible RM candidate.
We'd be up there with the Angels......he he!!!!!!
Angel,
I hear that. I am glad I got out of UVSE when I did because after seeing this move today all those people will be chasing MGLG. Should be a great last two hours today and a great week ahead. Have a great weekend.
Not many microcap oil and gas companies with a float of 36 million shares. We should still move nicely once news is announced.
Walker,
He probably just went to lunch and moved his market away from the current. I am pretty sure he will be back shortly. We really need some news to get this moving. Have a great day.