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No, in the last few days Karen's been telling people that mgmt would update THIS WEEK and that they were already working on the shareholder update that they would release, so it is different.
If you want to believe something just to believe in it, go ahead though. It won't hurt anything.
Volume is up HUGE!
Come on get the damn PR out with some meat in it.
Well sort of... we don't actually know that we are until the numbers come out though.
This stock is so cheap right now, I doubt it would be affected by that, and it's been immune to that information in the past, I believe.
Regardless, unless the other energy companies post gains of between 20-40%, I think we can safely say that this is an independant event.
Because it's showing a 40% gain right now, which leads to more views, and more posts.
No, no one knows anything.
Odds are that "someone" got the same email from Karen we all did. The buy in rush is just anticipation. They do "know" a PR is coming, but they have no more idea what will be in it than you, I, or anyone else on this board.
If they did "know", the stock would probably be trading at twice what it is now.
Yeah, looks good. If the PR hits, better read it fast b/c there's no telling what it could say AND what could happen with price.
Yeah, like I said, that was just me trying to find some kind of hope to cling to.
Whew, glad to see the 6s stack up. Thought for a minute we were going back down.
The thing is, they have to suspect that something is up.
The only explanation I've been able to come up with that doesn't involve something criminal was that maybe there was an error with the first test (or whatever you'd term it) that produced wacky numbers, probably bad. Instead of releasing numbers that both companies didn't believe in, they elected to test over a longer period of time.
But that's me trying to put a positive spin on this, so I don't feel like I just pissed bleach all over my money.
Agreed on this as well. I seriously doubt Karen is the bad guy or if there's anything bad going on that she'd be really aware of it... unless this is such a tiny company that it would be impossible for her not to.
Agreed. I think we're past the point when "everything is just fine" will do anything to the stock price.
They've got a lot of explaining to do. Hopefully, they do so and if not, here's hoping it at least causes a sizeable spike.
Anyone think that today's the day on the status PR. Karen said that they were working on it Monday afternoon. Hopefully, they finished yesterday.
Or mail pieces to each investor?
Any ideas on when this thing is going to start moving?
And keeping the stock undervalued while you raise money to buy it in order to profit from insider information is ALSO illegal.
Even by your definition it's illegal.
neeeed gooooood neewwwwzzzz.
No, I'm saying when several new posters appear on any one of these boards at one time (all of whom are either up or down on a company), BS follows.
And the idea that your presence is somehow indicative of "great" numbers is like saying that Santa Claus exists b/c if not, then who put the gifts under the tree.
That's okay, though. I'll sit back, and I'll profit from whatever crap that's being pulled b/c it's better than the alternative.
Just don't expect me to not to respond to what already looks and smells like feces.
Why? So he can pump the stock.
It's a nice, happy thought. That the numbers are in, and we're on the verge of finally making money, but everyone on this board has had their hopes dashed too many times already to get them up again until the actual PR hits.
With pinks they can just print them any time they want, right? They're like their own Federal Reserve.
When you get one or two MMs acting as gatekeepers, it throws the natural supply and demand forces right out the window, so that they can control the price and flip profitably without price risk.
NITE have been keeping his foot in the door for over a month though. They were doing it in June when we thought the week after the 4th was going to be 'the week'.
Too many stacked at bid, too competitive at 5, if normal 'rules' applied this thing would've already creeped up a tick today.
To further that point, I just got a small order of 5s through in just under two hours.
Man... if I thought I could duplicate that on a bigger scale, I'd be flipping like crazy right now. It might be time to start doing that again.
Hmmm.
I firmly believe they don't.
I think if they knew them and were planning something insider trading-related, the deluge of attention that this company has gotten from angry stock holders would've forced their hand. There's simply too many people threatening to scream for the SEC given the slightest inkling of impropriety for Magellen to be stupid enough to actually follow through with anything under the table.
Another day without prod. numbers.
Man, this is gettin' ridiculous.
Not the first time, that's happened. He held the ASK down for almost two weeks back when we were waiting on those fabled "one to two weeks" to pass by.
A reverse-split isn't going to do one positive thing for shareholder value, my friend.
That is actually more reasoning and better logic than most people who've posted released dates have given.
She's replying. Just don't be an a-hole in the email, and she'll respond. Although, she'll probably tell you that she doesn't have any new information to give.
HA HA HA.
Who exactly has just gotten out of prison, chuckles?
By the way, I simple review of the PRs will show you that the BTU issue was resolved several months ago and tell you how it was resolved. If they were lying about that, then I'm pretty sure they would've been busted for it by now and as heels points out there are other companies that corroborate that information.
You have no case, counselor.
I don't know why we haven't gotten production numbers yet, from everything I've gathered from Magellen, they don't know either. It sucks, but until I see proof that we're being mislead, I'm keeping my money where it is. The fact that we're two months overdue, and the stock price is virtually locked where it is now all but proves that there is still a LOT OF FAITH in this company. Even with an AS of 30B, we're still seeing strong support.
Good question. You got me.
Isn't that the most frustrating part? All signs show that the run will be a big one, but in the mean time there's nothing we can do BUT WAIT.
Almost nobody's selling at 6, though. Everyone's trying to buy at 6 and sell at 7, which is why we've got the logjam on L2.
above the letters and under the F# keys.
Sometimes I lose them, too.
Yeah, the long boring as Hell calm before the much-anticipated storm that will hopefully level everything in it's path circle around and level the FEMA vans that've come in to save those who didn't buy in in time.
Damn, I'm bored.
I hear ya. I've gotten burned by CADD, PGYC (I think that's what they were). Both stocks are suspended now. ANother two P&D companies also bit a chunk out of my butt, but at this point I don't really have a choice but to believe in Magellen.
Exactly the point, which I am trying to find out.
Details when I have them.
Dude, they've busted at least two scam companies in the last two months. CADD being one of them.
The problem with that scenerio is that it's an awful lot of faith to put into one person to keep his mouth shut. And usually they don't.
Something like that would lead to jail time and not just a buttload of fines.
Not according to Karen.
But doing what you described would constitute a pretty big SEC violation and would bring the Feds down on them like rain.
I made some nice money off that last PR. Wouldn't mind seeing another to shake off the boredom. Move this thing back up to .001 before anyone actually reads it, make a big sell there. Pick up some more shares on the way back down at 8 or 7.
Anything to fill this time and make me feel like I'm doing something positive with my money.