Greg talked me into selling MGLG @ .0005 or .0006...one of the two. Thanks Greg!Originally Posted by candleman
Scottrade took my order for NBVG. It has not executed. I think that one hand confuses the other hand there at Scottrade.
If it is any consolation, I wish the best to MGLG holders and that this gets sorted out.
Yeah i figured this out by finally getting up the nerve to put in a sell order this morning! Im finally getting excited enough about SPNG and BEHL to dump mglg and now I cant! haha. I wish they would make a filing specifically about MGLG to explain the problems relating to mglg alone. Guess another email to k-dogg is in order.
ASFX has been on a run this month! Bought 20,244 shrs on 9/9 @ .0082 and sold today at .028!!! Almost a 3 bagger I wish I had a little more powder back then
Hey Andy,
Way to go! I was looking at ASFX yesterday and was shocked how far it has run up. That was definitely a good trade. Congrats!
From the shrub:
It appears to the Securities and Exchange Commission that there is a lack of
current and accurate information concerning the securities of Magellan Energy Ltd.,
which are quoted on the Pink OTC Markets under the ticker symbol MGLG. Trading in
5
the securities of Magellan Energy Ltd. appears to be predicated on apparent
misstatements. Certain persons appear to have usurped the identity of a defunct or
inactive publicly-traded corporation, initially by incorporating a new entity using the
same name, and then by obtaining a new CUSIP number and ticker symbol based on the
apparently false representation that they were duly authorized officers, directors and/or
agents of the original publicly-traded corporation.
The Commission is of the opinion that the public interest and the protection of
investors require a suspension of trading in the securities of the above-listed companies.
Therefore, it is ordered, pursuant to Section 12(k) of the Securities Exchange Act
of 1934, that trading in the above-listed companies is suspended for the period from 9:30
a.m. EDT on September 23, 2009, through 11:59 p.m. EDT on October 6, 2009.
By the Commission.
Elizabeth M. Murphy
Secretary
-end quote-
2 weeks? Is this like a punishment or to give them time to investigate? Im kind of happy this is going on. hopefully it will force them to give us more information.
I've tried many times to get rid of my 1.2mil @ .0004, no luck So I'm stuck with it, who knows it may start trading again. Remember PGYC, it had scam written all over it, they were suspended and are back trading again, albeit at a much lower price and I still had all my shares. How much lower can mglg get anyways.
I have modified my buy for NBVG to .0015 instead of .002. Just for kicks!The momentum is at a lull and I am hoping that the stock will drop on its own weight.
Yep, maybe some transparency after all of this time. It certainly would be welcomed.
Way to go Andy!
It is always nice to make some money at this sport...LOL
I agree. There isn't any sense in getting terrified yet, however, I believe some immediate information is due to shareholders.
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