Magellan Energy, Ltd. (MGLG)

[abbytraderwin]

THEY ALWAYS DO!!!

Where have you been. Do you really think a company is going to tell you that they are going to run this stock down to .0001 by close on Friday and file a R/S after the close?

These companies are not that nice. Look at CMGR. They said they would not R/S too. They all say that.

You have over 30 billion shares that you know about here and more than likely 60 billion by now. If they don't have news to drive it up they will have to do a R/S and sell more shares to stay in business. That's the pennies.

You can still make money on these companies, just never be in one before it does a Reverse Split. Your money will be worthless after that. Try rebounding from getting one dollar for every 100 dollars you have "invested" in the stock the day it splits.

How can you believe anything these folks say? Have you not read this board?

Good trading to you...