Replies to post #1330 on Mesa Offshore Trust (fka MOSH)

[gyspsy]

You posted:

>>Lowest I want to see this go is .20 area, but if it falls to say .15 there will be VERY few shares in that area imo... For now .20 area seems to be holding, and finally the 60M chart is beginning to reach a bottom.. Not quite there yet, but by the end of the day we should be bottomed..<<

I disagree!

GYS

[apostrophe]

That is part of it. Buyers holding back to see if they can get in lower.

It's a bottoming pattern but, hard to tell on a pink like this.

The usual pink p&d it just keeps stretching out...

Here, there is still good likelihood it is just a profit taking pullback.

[dmbao]

Didn't mean it to be half empty. I really see good possibilities here but am not at all concerned how low it goes, at least before the next court hearing. I have a pretty long term position I am starting to build here with the thoughts of hanging around for a while and Collect Royalty Payments for a few years.

I hope to learn more over time as I am really unsure of the potential.

I was just posting my observation of what I see going on here.