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Re: panning4gold post# 24744

Friday, 06/01/2007 12:02:55 AM

Friday, June 01, 2007 12:02:55 AM

Post# of 38879
You have some valid points there panning4gold. A share buyback would be the ultimate goal in saving us from our investment and recouping our losses back from inception.

But as you mentioned with the recent run and gains...0004 to .0006 is a 50% gain...but that 50% does not justify those who are holding 1 cent shares or even those holding .002 shares.

It's like when a 10 cent stock goes down to 5 cents ---thats a 50% loss.

But a 5 cent stock to going to 10 cents is a 100% gain.

The MM's are all about percentages and that is why shorting is so popular with the MM's and why they do it.

MGMX needs to eliminate the shorts by reducing the amount of shares out in the market, by then changing symbols, and then by changing cusip numbers.

I value everybody's opinion, I'm thinking of buying some stock into MGMX again and just wanted to chat with some of the longs I was once in touch with.

Good Night and God Bless.
GodSpeed!
Neg.

Buy,Don'tBuy,Sell,Don'tSell is your decision. My posts are my opinions only. I am neither a professional or an expert so if your looking for help, contact your Financial Advisor.

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