Post by
mouserman on Nov 19, 2015 8:40am
tax loss selling makes bargains this time of year
MMT maybe a little oversold at this point, given the production profile and a buyout offer on the table, at nearly triple the current share price. The buyout dependant upon financing tho, and investors are wary of that after the last deal with midwestern.
I suspect tax loss selling is happening with MMT given the chart direction in the past year and the current oil price environment. Might be a great buy in december...
Comment by
benmax on Nov 20, 2015 11:43am
So what's your deal on this board old wise one? I think I'm going to buy 100,000 shares at .11 and see if I can make a few bucks after the SH vote.
Comment by
righand2 on Nov 20, 2015 3:01pm
Good luck with that. You might do ok, or you might lose it all. I just hope you have done your DD first. If not, you have no idea what you are buying.