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Re: shaleonyou post# 271

Saturday, 06/05/2010 1:22:49 PM

Saturday, June 05, 2010 1:22:49 PM

Post# of 6903
So MNLU stock is currently selling for about 3 times cash in the bank (before they spend money drilling the new well)?

28 million $s divided by 80 million shares?

This was one of the few stocks that was up (green not red) on Friday. Down volume on Friday was a new record, TRIN hit a new record, so this was like a 1 in 1000 stocks that were up, while 999 others were down, and down a bunch. We were up nearly 20% at one point on Friday!

I THINK we bottomed here this past week!!!!!!

AEXP also held the prior lows this past week, and closed up 10% above its all time low on Friday! Natural gas was one of the few commodities that was up Friday!

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