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The A/S was the same the last time it got up to .0027 as it is now... as far as we know.
There's a difference between being openly skeptical and revelling in the misery of others. Even if you feel that pay back is warranted from some of the pollyannas who think they can will the stock price up to a dollar with happy thoughts, you should probably realize that most of them are probably kids who don't know any better.
Do what you wanna do, though. Karma is a load of crap.
Still holding prety solid. They got their 6s and 7s filled yesterday, so today, they're selling for 8 and making a happy little profit.
If my conspiracy theories are right, and they (MMs) are trying to exercise control over this stock for profit, a lot of volatility doesn't favor them. It exposes them to getting burned when they can just as easily take 12.5% off every flip between .0007 and .0008.
My only consolation is that I sold positions in three other stocks to buy more shares of MGLG and they're SPNG, SFIO, and IGNT. All of which have gone in the tank, recently.
Damned cuz I did, damned if I didn't.
Either that or they all went out drinking together. Today, they're hungover and their palms are sore from all the high fives.
Strong day so far. After the last two days, I'll be thrilled to close at this pace.
I don't know about the rest of you, but my stomach is in much better shape.
Right, and in the meantime all we can do is sit tight or try to flip and ease the pain a bit.
I tried flipping some of my shares, but got hung out on the re-buy.
Provided we don't get the PR tomorrow, I'm in good shape to add some freebies to my account.
And that's well-founded, but the report that we've been waiting on for three weeks is not a balance or income statement, it's a production report.
And even after nearly a month, there still seems to be confusion about that.
What do you think we're waiting on? Production numbers. Why is that important? So we can get an idea of what this company can earn.
We can get a rough estimate of revenue from the production #s seeing as how they're measuring the amount of gas flowing through the pipeline.
Why would it pop, now? It's behaving rationally. We're overdue for a report key to valuing this small company, and the stock price is slowly eroding.
A rapid 2 or 3 point uptick would be irrational.
Well, they're doing well enough to acquire more wells and buy back shares. That's not a smoking gun that they're making money, but it is pretty suggestive.
Hey guys,
what's the story on the 111 M shares in volume that disappeared yesterday?
So if you haven't seen the latest on this, yet, they announced that they're going to buy back between $100,000 and $500,000 worth of stock. At .0002/share, that's 500 M to 2.5B
I'm hoping that's enough to get us to .0003.
There would have to actually be a rally for it to get to continue.
There's a cummulative effect, I think. Also, the fact that it dropped a couple points almost right out of the gate today was worrisome.
And we need them to work for free as we are so incompetant with money that we were betting everything on our crappy web designer to make up for our other gross incompetancies as a company.
I don't know, man. That wall says we're staying right here for the rest of the day.
RRrrgh. Will this rollercoaster ever go up again.
I'll be pleased with myself when they start filling 8s, which at this point is looking less likely.
Trying to flip now. Easy part just got done, now comes the hard part.
Dude, it's been subpenny for a long time.
Gonna open at .001- .0011
that sucks.
Good deal. Are you staring at any other three or four letter combos or are MGLG the only letters you're seeing in your nightmares.
Yeah, there's no reason not to make a bad situation worse.
Oh wait, there is... there are actually a LOT of reasons not to contact those people.
Being unemployed sucks. I've been there. At least you've got something to occupy your mind while it's going on.
I hope your right. Lookoverthere0 needs new shoes... and thousands of dollars can be used to purchase such items, I'm told.
Yep. There's definitely that. Now, what would be GREAT is if as soon as we get the 1st PR is to make sure that Magellen made the "popular" lists on Google Finance and Yahoo Finance, so everyone looking at those sites would see it and a huge early return that day, then we get them onboard pushing everything higher.
I saw that coming.
The sucky part of that is that we'll only be getting the 13 initial wells on the first PR. That means we jump to somewhere between what... .003 and .005 and then recede back again before the second PR comes.
18 trades today so far. Wow, MMs are really doing their jobs.
No, not worried, just annoyed.
No one's pumping, we're just arguing with some guy who continues to be a j@ck@ss. The bottom line is that what we're seeing on L2 isn't that different from what we've seen on the last day of the week in each of the last three weeks. There's a lot of buying going on at .001, which means they're probably going to look to flip it at .0011 or more likely .0012.
And now your prediction is .0009? What happened to .0008?
Who said anything about fake trades?
You're not crazy, but you're not right, either. Watch the L2, it'll show you all you need to see.
And how many of those .001s are actually going through right now?
Not me, man. That could be pretty sweet, though.
Yes, and California will also eventually fall into the Pacific Ocean.
What are you talking about, now?
I'm sure it's not worth my time, but please explain anyway as I do get some amusement out of trouncing dumb posts.
One hour til open and the .0011s and .0012s are already stacking, just as they have been the last three weeks.
But please make more predictions, Nostradamus. If you make enough statistically one is bound to come true.
Thanks, good lookin' out.