Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
who would you sell them to? :|
My fingers are crossed!!
I could only hope. But with the temporarily shutting down of the little oil guys, I dont see how. We need them to fix their relationship to this stock first.
I wish whomever runs that place now would wake up one day and say, we need to do the right thing by our shareholders.
But then that would not be good business, would it?
Anything new on this so called sleeper?
looks like someone tested the waters today. I wonder what is going on with these guys? Anyone did any research recently?
Come ON!! MGLG!! Wake Up!!
If trade king would allow me to add to my position I would take them. You cant buy stock at less than a penny there. and has to be a hundred dollar transaction. Frustrating. Getting ready to leave them.
No I missed the run. I dont have time to watch it everyday. I need to just be strict with myself and set a sell price after I buy and stop chasing it. I have another full time job so cant just sit and play. Frustrating sometimes. Now I must hope they really are onto something!! lol
This thing became worthless fast. I can only hope the company actually does discover something.
It is good to hope!! What brought millions to this country. All we have sometimes!! Go MGLG!!!
oh we paid for them many times, every time the price continued to tumble...:)
aaah you funny man! Christmas Miracles! It til tracks season. How about it track? You still on board?
Thanks!!
I tried to pick up more using TradeKing and they rejected it because the price was less than .01. WTH. My stuff is held hostage there now. I was hoping to improve my average. Who is able to trade at less than a penny and with whom??
Pity, I went there before they changed thier name because of cheap easy trades.
I can not even add to existing positions now if price is less than a penny.
Oh for a Christmas Miracle!!
It is at the point now, no real choice but hold. Price is so low.
forever and a day!! lol no choice!!
I dont like the look of those oil prices. Investors will be cutting back soon.
Yes, just so frustrating and scarey with this stock. So financially unstable. I wish they would discover just one thing.
Nothing is impossible. We never thought we would be living in a world of such total chaos and look at it!! I intend to keep my hopes up and dreams alive!!
All the Best Lode!! Wishing you a return to health!!
Oh it is 100% NEVER. There is nothing to take advantage of. Eastwind Group is the legal owner. They abandoned the shell when they had no use for it over 10 years ago. When they abandoned it, it was a clean pink shell. Now it is a grey sheet defunct shell with a highly tainted corporate history and some 20 billion shares. If they didn't want it clean, why would they want it dirty? The cost to debate the tier and corporate history with FINRA and the SEC is not even worth the effort. They can buy a clean shell and spend less money than they would to hire attorneys to file a form 211 with FINRA.
Magellan will never do anything with the MGLG because it is not theirs to do anything with it. Whatever future Magellan has, if any, has nothing to do with the dead MGLG former trading vehicle.
Quote:
--------------------------------------------------------------------------------
As things currently stand, you are correct spaceman. But someone does own Magellan even if not active right now. Perhaps one day he will want to take advantage of the current oil/gas boom which is only going to increase with the unsettled mess in Europe.
I find it hard to believe there is no vehicle to correct the shell issue. Ownership should default to the orignal owner if nothing else, since the hijacked shell sale was bogus.
My fear is if Magellan does start back up, they will just start from scratch and leave us hanging. If there is a fix to MGLG, I am sure it would be much paperwork, waivers, fees and penalties to pay.
But- Never say Never
--------------------------------------------------------------------------------
But it is possible spaceman. You yourself told us how in a post last year.Thanks for giving us all hope! :)
Might be a good time to add a few...make up for when I bought at .25!!
Got no choice but to be long with this thing. lol. Been holding since 2009.
It does mean that someone in that company still wants to do business one day and possibly within the coming year!
He at this point any news is good. At least they have secured the ability to continue research. Otherwise those 2 twentys would not take them far!
Long and Strong!! Go MGLG!
Dont worry Spaceman, you can still buy some more. :)
Come on MGLG!! Make a move!!
They got a bridge loan to cover costs. Hopefully that is still doing the job.
Hopefully that means they are waiting for the same payday. Otherwise why be here on an abandoned worthless shell? Makes no sense.
I saw that too! Hopefully a positive sign. Im ready!!
Same here!! Always hopeful Magellean will do the right thing and fix this. Does anyone know if the company is still pumping in them their hills?
Why do I feel like I am the last one holding this thing?? lol
As far as I know, the actual MGLG folks were found to be the victims of having their Cusip stolen and one of them given quite a large cash compensation.
I would have to research again. I cannot not remember whether there was a criminal court held.
I wish you could find the owners and convince them of that.
Perhaps the company should announce they are working on an ebola vaccine. they are not but maybe they should.
Go MGLG. We are behind you!!
Just not us apparently. :?
even the PRs have stopped. We already bought electronically with no paper. I did not really see the point of that one.
We need to hear something positive in the research realm. Could be years. This board just dried up. lol