Replies to post #33887 on Magellan Energy, Ltd. (MGLG)

[shortinterest]

Yeah but I agree with them that news would not cause this huge spike in volume, although positive for the broad market, it could not generate this much attention to mglg

[gattes12]

Thank you shortie. That's what I was getting at.

It just goes to show how many people have been waiting in the wings for this stock.

[ordinarydude]

Oh I get it.

But I don't FULLY buy the story this stock is jumping because of that news....do you "get it"?

Ordinary

[lookoverthere0]

Well sort of... we don't actually know that we are until the numbers come out though.

This stock is so cheap right now, I doubt it would be affected by that, and it's been immune to that information in the past, I believe.


Regardless, unless the other energy companies post gains of between 20-40%, I think we can safely say that this is an independant event.