a quick scan of todays chart shows MGLG winding up. the longer term chart is very bullish. im thinking its gonna break .0033 resistance with no problem. and i have no plans to sell. but that could change, i may keep a core position and trade a partial , not sure yet but i am DEFINTELY keeping a long term position here....todays PR provides powder for future blast offs with this PIG!!
BILL, i personally adore the email you got from the CEO. it takes away any doubts i have( which i didnt really have any). one of his execs stood in a HOUSE PANEL MEETING, i mean , yeah we had madoff , but to go into THE HILL with fraudulent intentions require more balls for a layman.
did anyone check out EFLN, they went up .022(63%) today on the sirius term and sheet proposal. they enacted a R/S a week ago. im gonna check em out further.
ya , i 2nd that.. if anyone here could predict stock prices , i dont think we'd be sharing it with strangers first of all. ANYONE FOLLOWING MY MENTALITY BETTER BE PREPARED TO LOSE. IM BALLS OUT. WIN BIG or LOSE THAT INVESTMENT. but i will be providing my honest opinion and strategy. and i aint a prick, i will be posting my immediate intentions. if i decide to sell a portion or all of a stock i will post it when i make that decision.Originally Posted by ShotsII
people get confused talking about production numbers and we get the grapevine effect. IT IS ONLY PRODUCTION OUTPUT numbers that will be released. bloggers who understand the oil/gas business will then assign numbers to that output release... but you gotta love that they are aquiring more proven wells, big plus
For you guys who have been playing with the pennies longer than me (which is everybody), I am curious to see where you think MGLG price could be down the line. I have read a few blogs that say .30s to .40s, but I wanted to hear your guys insight. I know the answer will be your opinion and nobody can predict what the stock can really be. I guess my question is, could this stock actually make it to a dollar or two in the years to come. Is it possible???
I guess this question is for Bill, Bass, Shots, Herd etc...
Also, who went to Myrtle? I went to school at Coastal a long time ago. Myrtle Beach rocks!!!
is it possible, yes. is it probable imo no. thats saying in 2 years this companys valuation at say 20x p/e is c. $38 billion....i dont see it that big. BUT at this price, you can leave a million shares in the back pocket at such low risk that IF it got valued that high , you'd have a nice little payoff.
Last edited by bassmaster; 06-18-2009 at 09:56 PM.
That sucks - and since it is vintage they probably won't give you anything for it.Just spoke to the insurance adjuster.
My vintage motorcycle that was in perfect condition is totaled.
grrrrrrrrrr My wife got her T-Bird totaled by some big diesel pickup and they robbed us! No, actually they screwed us without any lubricant.
Very good post, Shots!! Thanks for doing that!
I know. I am a businessman myself. I have 3 very very small businesses. I am the employee and have people work with me as I need them.Bill--
As a person who has worked for himself, started up a business (and sold it), and generally worked hard...I do not understand the (lack of) management as Sirius XM radio. It is mind-boggling, especially when most concepts are simple, ordinary common sense-type things.
None of the higher management has earned the hideous salaries they are being paid, and we all know what they are being paid because their salaries are made public. Not one of them has performed well enough to be paid any more than $50k a year, IMHO.
So, I'm selling about one-third of my shares and moving that money somewhere else. To other companies that actually have a clue as to what they are doing and how to properly go about it.
I sent you a PM about MGLG, Bill.
Just about anybody...I mean anybody that has a business can figure rudimentary principles out. It is not rocket science. I don't even know what to say about their performance....it is such a joke. They really know how to screw a good stock up. .34 for a company that has satellites and is launching more? I can't make any sense out of it.
This morning I warned every body, both in the Intraday and in our thread to watch their share price. I wonder how many did. It's not my problem.
I returned your P.M. and if you have any more questions, please feel free to ask me...anytime! I hope that it helped.
I didn't check out EFLN. I will take a look at it though as I am sure the other guys will.
Yes, the BCLE President always answers the questions. You can't ask for much more than that. It is a good company. It went up today.
BTW, they do hurricane cleanup also, lol. Hurricane season is coming! (Ducking)
MGLG should come out of the gate hot tomorrow morning.
BCLE is climbing today....
I am going to do some lurking. I shall return.
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