Replies to post #20528 on Magellan Energy, Ltd. (MGLG)

[swiftearl]

How are you valueing it? I take 10 million ,ultra low value, and times it times 20PE and divide it by 20 B and get .01 i dont know its IMO and MOMO will carry it furrther

[OffshoreOil]

at the rate they are dumping shares i think that is possible :( sucks