Magellan Energy, Ltd. (MGLG)

[Dewayne18]

Cheap assuming we're going to make a net profit and than lets devide that by all those billions of shares outstanding. We don't even know what their debt load is. Where's the financial statements? If they keep expanding that would be great, but when will their earnings be high enough to even give you a return of a penny per share. They need to make big money and buy back shares or do a roll back before things start to stick. Too many thing need to happen here.