Replies to post #29788 on Magellan Energy, Ltd. (MGLG)

[Hooka]

are you kidding?

because I didn't at first believe of this "gap" retrace, but one more week of no news and this puppy is going to .0008

and if we don't get news for two more weeks this is going to .0004

MGLG should be trading, and it's not. Its being flipped. The stock has no momentum we should be in the range of .0017 to .0023 maybe even higher.

We got that news of the additional wells, it hit .0019 and sank like a rock. Why?

if MGLG was worth anything it would be trading higher then where we are now.

you thought we had resistance at .003?! All this buying is at .0012

If we can get past .0024 on any news I would be really really surprised. JMHO