Replies to post #35292 on Magellan Energy, Ltd. (MGLG)

[PRUDENT]

You're very trusting. Has a CEO ever lied before? Heck no, lol.

[heelsgo1]

They said production numbers in 2 weeks too... but they lied about that, and then let this go for 3 months without telling us what was really going on. They knew all along or at least, soon after that 2-week timeline that BTU was not resolved and let us think numbers were coming soon, shortly, immenent!

Karen even sent some here emails when MGLG was in the .0015 range telling people they would be stupid for getting rid of MGLG now with numbers coming so soon. LIES!!! I had to call other companies in the area to get the truth about what is really happening in Tennessee... and it isn't good things as Karen likes to say all the time.

[abbytraderwin]

THEY ALWAYS DO!!!

Where have you been. Do you really think a company is going to tell you that they are going to run this stock down to .0001 by close on Friday and file a R/S after the close?

These companies are not that nice. Look at CMGR. They said they would not R/S too. They all say that.

You have over 30 billion shares that you know about here and more than likely 60 billion by now. If they don't have news to drive it up they will have to do a R/S and sell more shares to stay in business. That's the pennies.

You can still make money on these companies, just never be in one before it does a Reverse Split. Your money will be worthless after that. Try rebounding from getting one dollar for every 100 dollars you have "invested" in the stock the day it splits.

How can you believe anything these folks say? Have you not read this board?

Good trading to you...