Replies to post #29628 on Magellan Energy, Ltd. (MGLG)

[jsh21]

I agree 100%. I am actually very happy that this stock has been staying where it's at. Shows we have good support and when that PR comes look out. People are too impatient...the stock obviously isn't going up at all without the PR, so just sit back and wait.

[mossman]

Hello Bill, while I am an admitted novice holding only a few hundred thousand shares, I heed your advise. Is there a glossary of terms that will clue me into the numerous acronyms used by the folks here? I would like to learn more.

[NomahsBettah5]

You've hit it dead on. It really seems like a lot of people are loading up, and its caused a great support to form around 11.

For what it's worth, I e-mailed Karen this afternoon and got a quick response that mirrors what everyone else seems to have received back:

"There is no estimate as to when the numbers will be available, although we believe it will be very soon. The gas is flowing and there will be numbers. This is a regulated industry. The problem was that we took Citizens Gas time estimate for the availability of the production numbers and included it in the release, which in hindsight, was an obvious mistake as the numbers have still not been made available. I suspect this has more to do with Citizens Gas possibly having to file audited numbers with the state on a monthly basis, and our production likely had to run for at least one full month.

As soon as we have the numbers, we will release them.

Regards,

Karen Willoughby
Investor Relations
866-365-4724"

[Kapla]

Good point!

I watch this periodically throughout the day.... I do not have a stop loss on this (that would be horrible), but think to myself if this gets down to what I got in for (.0008) that's when I start jumping ship....

The anticipation on what can happen with this stock is great though.