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onemorecomma

11/04/12 11:38 AM

#19422 RE: Dina #19421

"... 3rd RS in 2 years..."???

Really? Where are you getting that from?
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xZx

11/04/12 11:38 AM

#19423 RE: Dina #19421

right now the float is owned by three elements: mason & other insiders, debt holders, plus retail folks like me and the other bulls. it's been a tight float lately. the price is rising now. the OS is checked often at the TA, and is not moving at all. that's a fact.

we bulls voted for the split, we like mason, we think he's going to create shareholder value.

we also believe mustang island's oil will collateralize a loan to pay off ALL CONVERTIBLE DEBT, which would make your point moot.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79191327

we all trade a stock how we see fit. i'm very glad i've already got shares. i would not want to be on the sidelines right now, with everything looking SO GOOD from mustang island:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81049119

flow rates are above expectations, and it's still being cleaned out. open up that choke, and watch the boepd climb even higher.
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floydborga

11/04/12 7:29 PM

#19557 RE: Dina #19421

"market isn't stupid"

you are so right, they take into account the company's valuation which about 2mil..

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floydborga

11/04/12 7:34 PM

#19559 RE: Dina #19421

Since you know that the "market isn't stupid" what valuation would you give this company?? 1.75mil, 1.5mil, 1mill, 4mill, 6mill...

Currently we are at 2 million and given all that the company has going for, this is chips..