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  1. Los Tiburones is offline
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    Joined: Feb 2009 Location: California Posts: 1,015
    10-07-2009, 12:10 PM #261

    MGLG Alert!

    Quote Originally Posted by candleman View Post
    You are GOOD! Do us a favor and always let us know what you're buying so that we can wait a few hours and buy it for less.

    My pleasure ...!

    The cement shoed stock scapegoat ...

    MGLG Alert!

    Commence trading ...

    MAGELLAN ENERGY LTD (Public, PINK:MGLG) Watch this stock Find similar stocks Find more results for MGLG MGLG 0.0003 0.00%

    0.0003
    0.0000 (0.00%)
    Delayed: 11:55AM EDT
    PINK data delayed by 15 mins - Disclaimer Range 0.00 - 0.00 52 week 0.00 - 0.00 Open 0.00 Vol / Avg. 15,000.00/152.23M Mkt cap 1,221.00

  2. Los Tiburones is offline
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    Joined: Feb 2009 Location: California Posts: 1,015
    10-07-2009, 12:13 PM #262

    Mglg

    Holding steady @ 0.0003

    Vol 715,000.00

    Come on 0.010
    Last edited by Los Tiburones; 10-07-2009 at 12:14 PM. Reason: Just vol.

  3. billhart22 is offline
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    Joined: Dec 2008 Posts: 4,896
    10-07-2009, 12:15 PM #263
    MGLG has 13 trades...no MM's and isn't doing anything yet. It has a volume of almost 10 million shares. They must be turning the lights back on.

  4. Los Tiburones is offline
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    10-07-2009, 12:18 PM #264
    Quote Originally Posted by billhart22 View Post
    MGLG has 13 trades...no MM's and isn't doing anything yet. It has a volume of almost 10 million shares. They must be turning the lights back on.
    Hey Bill, how can they trade with no MM's?

  5. Los Tiburones is offline
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    10-07-2009, 12:21 PM #265

    Mglg

    0.0002

    Ah, there's the reality check ...

  6. billhart22 is offline
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    10-07-2009, 12:28 PM #266
    Quote Originally Posted by Los Tiburones View Post
    Hey Bill, how can they trade with no MM's?
    I am confused on this issue.

    In the case of MGLG, they have to have the MM's sign a form 211 to start trading again..which is my understanding.

    If anybody else knows more, please post it.

    Market Makers hold large hunks of the stocks and trade them within the spread to make money. They can only make money in the spread. They are just a bunch of greedy guys picking the meat off of everybody's bones.

    You can trade without them, but stock is way more volatile when there are none present. That is the way I understand it.
    Last edited by billhart22; 10-07-2009 at 12:32 PM.

  7. Los Tiburones is offline
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    10-07-2009, 12:34 PM #267
    Quote Originally Posted by billhart22 View Post
    I am confused on this issue.

    In the case of MGLG, they have to have the MM's sign a form 211 to start trading again..which is my understanding.

    If anybody else knows more, please post it.
    That's what I got as well ... some confussion on the shrub (Go figure!) whether or not they are trading on the pinks or the Grey ...

  8. Los Tiburones is offline
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    10-07-2009, 12:57 PM #268

    Mglg

    Yee Haw...

    Boy, if someone is feeling daring today ... it's bouncing around pretty good between 0.0001 and 0.0003

  9. notwal is offline
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    Joined: Jun 2009 Location: Nashville, TN Posts: 97
    10-07-2009, 01:10 PM #269
    Did anyone else get in on LLEG? What a ride!!

  10. billhart22 is offline
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    10-07-2009, 01:21 PM #270
    Quote Originally Posted by notwal View Post
    Did anyone else get in on LLEG? What a ride!!
    No, because you didn't give us a heads up! (just kidding). I was looking at it briefly this morning. For some reason I am a little slow this morning. I have missed them all.

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