Hey Guys,
It looks like SIRI and OCNF just don't want to cooperate with us. We might have to wait another day or two.
Meanwhile . . . . AIG has dropped like a rock. I think a buy at 1.50 would be good for them.
SSCCQ is weathering the storm nicely . . . . like a coiled spring waiting to unleash . . . . I hope.
Bill,
I will need corks, tourniquets, and extra pints of blood for all the bleeding I am doing today.
Magician. You think we'll see another shift downward with SIRI? Trying not to sell right now, but the bleeding like you said is getting worse. I may be looking to sell and buy back cheaper. Hopefully scab over this bleeding cut.
Welcome to the board Magician!!! Good to see you around Shotts!!
Well guys, I am taking the rest of the day off, here is what I am watching today.
ESLR, SIRI, OCNF, BWTR, KOG, NOG, UAUA, IECM, and a few others.
Have a good day everyone!!
check out mglg up big still going.
Magellan Energy Ltd. Announces Work Completion on the Thomas Martin Lease
9:10a ET May 13, 2009 (Market Wire)
Magellan Energy Ltd. (PINKSHEETS: MGLG), an independent oil and gas company, announces that it has completed all preliminary work on the Thomas D. Martin Lease in Morgan County, Tennessee.
Citizens Gas has placed a large compressor where its Burrville gathering system ties into a 350 lb. pressure line. Citizens Gas receives its gas supply from the east Tennessee gas pipeline and from various local gas producing wells in Scott, Morgan, Fentress and Anderson counties, and will be "blending" the gas from all other wells in these counties to lower the BTU levels. All operators in the area have agreed to pay for the compressor lease.
The line carries nearly 10 million cubic feet a day. The blending process for the high BTU gas from the Burrville system will ensure that the BTUs will not exceed the critical 1100 level. Magellan intends to sell gas through this system from both the Martin and the Anderson leases.
While Magellan is close to the production on the Martin lease and, therefore, close to realizing revenues, estimation on gas production output is not currently available as initial results from the blending process are still pending. The Anderson well will eventually also be transporting its gas to market through this system.
Magellan's focus is on achieving the ability to sell the gas first hand, which will be complemented by production numbers. In addition to the gas sales, the Company anticipates an increase in oil production due to the added gas production coming from this well.
The Company is pleased with its progress to date, and is extremely optimistic about our prospects going forward. We would like to thank our loyal shareholders for their patience and support as we enter this next phase of our business.
I would try not worry to much debber, if you have a short time table or long, I would hold here. Wait for volume to drop a little more, then buy more if you can. Today is a good entry point for SIRI, I am just egging it on to go lower before the iphone app is released.Originally Posted by debber1212
It will go back up above .50, its just a matter of when!!
Good luck debber, and welcome to the board!!!
Yeah, I saw that Tripps!! I hate looking at those stocks, they are all, what ifs.
Whats up guys...Bill, Dread,Ray, Tripp....
Just watching and waiting for a good deal.... I still hold all my core of siri @.315 of 50k shares and another 30k shares @ .486 ouch.....
And my last order in for 20k more @ .31 if it hits there I will add those to my over core to dump and buy back later sooner or later....or mabe ocnf if it get to under a $1 which i know it can that where i got it before....so its what ever hits those numbers first.....wow cant imagine me having 100k of siri...
I feel like the church lady....
Well Tripp sorry about all your bumps and bruses but you got your wish for today Behl is .0036 I hope that makes your day a little better....
Overall my goal is again to get that full position of siri and then find some side work.....
Thats what I do best and its always lead me out of what ever mess Ive gotton myself in before.....Plus the weather is breaking and I love this time of year to be outside....I am always around and reading just sorta lost for words...I might even be getting involved with a few of the local guys and start jamming and playing a little music again instead of spending all my time trying to learn to trade stocks....I feel like I can never be where I was when I had all those stocks at those cheap prices where I sold them all to make a few hundred dollars and cost me $1000's and $1000's of dollars.....Its funny Me and Ray do good together and I can help him make some good cash for him but can't do it for myself.....Thats the story of my life..... anyway this is not a sad story, looking for some comfort just I feel like Im been sorta losing touch with you guys and wanted to explain why.....I have learned alot from all of you guys & you will always be in my thoughts as a great bunch compadres...and so far it the most valuable contrabution I got from being involved in sirius... Have a good day...Good Luck to you all...and I will check in from time to time......your friend....Tony
hey tony, dont be a stranger man. music is always a good time and a good way to get out some stress, i hope u have some fun. ttyl
im doing better now that i got into mglg i think they have a good future. specially since they are going to startproducing rev again, they use to be a decent company, looks like things might be getting back on track.
The Market is a little top heavy right now. Nobody wants to give up their positions at the moment, but they will soon realize that it is time to sell and we should get a breakdown, a pullback and a downtrend for a while. I totally agree with you. Everybody is standing around with nothing to do, lol.Be patient, market is a little top heavy right now, I think,
Come on SIRI you @#@#& turd!!! I dare you to go to .30!!!
OCNF do it!!!! 1.00!! Just go there!!
Back at you Bill!!
The ONLY reason that OCNF is taking so much time to fall is because of the MM's. If you watch them on Level II you will see that they are milking the profit in between the spread and taking their sweet-ass time about it. So slowly, slowly, slowly it goes......
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