Magellan Energy, Ltd. (MGLG)

[iKauai]

sorry to say, but being a realist I have to give my true opinion on that too... on this type of issue ( a penny stock with a very very low pps). I believe it IS mostly flippers, traders, swing traders (short and mid term) that give most of the volume to this and these types of stocks. JMO of course, but I believe that. Look at the volume numbers when it runs up and shortly after it runs down and then compare it to the days like this and when it is stable...big difference.

It's not until there is a solid history of revenue and success that there will be a porportionately higher number of investors in this stock. Until that happens, it's a trading stock by and large.