Mart Resources Inc MAUXF

Time for BMO to take out some 20s

[tooez1]

but likely not all. Traderlong seems to have this right...keep it around 20 for an eventual buyout based on a certain % increase over a 20 day period...hope it's a good one.  Annoying that it doesn't move with the price of oil like several other producers.  That debt is a killer.

% increase certainly won't make up for those who have held long term...

[radcat]

the question is... is everyone stupid enough to accept it.  

[righand2]

I think you mean are they smart enough to take it. Many stocks end up at zero, and this could easily be one of them.

[pistolpete96]

Brent up 5%, EPX up 6%, every oil on my screen up big, and MMT down again?  The stink from the Nigerian cesspool continues...

[wallgreens]

the theory that the stock price is being kept down by some entity so that a buyout and ultimate shareholder approval of such at a low price seems plausible given the trading patterns we are now seeing.  however, that suggests that managment and the board of mart is in on this scheme.  if they felt mart could survive and ride out this downturn in oil prices, they wouldnt care what

[tsoprano1]

My opinion all along has been the board and management is corrupt and/or incompetent. The Mart deal had backing all along but with oil staying down it allowed Midwestern to say bye bye to first offer and go for second which will be given and okay'd as soon as oil looks to be going up for good. The breakup fee was applied to taxes that they would have been responsible for anyway. So nothing

[ShepardX4]

I agree with you. There would be a way outta this that company if had ones that wanted to get out of it, they clearly don't. They just running the course with their own agenda, brought that up before incentive management to let this happen. For the corruption comments here, if anyone invested this company knowing Wade's past, we all knew that if have internet plain and simple.