Replies to post #2860 on Mainland Resources, Inc.(fka MNLU)

[Brian D nj]

Gonna wait 4 20's low 30's

[ruffedgrouse]

I've been watching the L2 on and off and I've never seen the BS like these MM's are pulling here. 40,000 shares bought in the past hour at .41, then they drop the ask to .405. There were no sells during that hour to cause a drop in the ask. When there was a small sell off at .40 the other day---as selling slowed down all the sudden the ask jumped from .42 to .445 with no buys to cause it. The MM's then sold all the .40's they just bought for .445. They are raping this stock.

[crossroad]

I think the other way - there is a possibility of the sp going down to the 30s. There are still lot of uncertainties in regards to recovery of considerable amount of gas economically. It is a very expensive well and the recoverable gas should be substantial to justify economic viability. Also, market needs to know the source and amount of financing to complete the well as well as the terms of conditions of the financing. If they don't confirm they have secured financing for completing the well by next Tuesday, the sp will likely go lower. JMHO.