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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > tax loss selling makes bargains this time of year
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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 Ronaldo123 on Nov 19, 2015 5:21pm
Tax loss selling is only a small problem of many with Mart and I don't expect it to ever recover due to bad management discussions which killed cashflow with divy. Cash is truly king and a good mangement team with worth every penny, unfortunalty MMT had neither. MMT oversold, more like over valued given its terrible cash flow issues. If your think the buyout is going to happen at $.35 when ...more  
Comment by righand2 on Nov 19, 2015 10:43pm
The only ones left trying to make happy noises are the bagholders who were too dumb to get out when they had the chance to cut their losses. It is all rather pathetic considering what has transpired. People never seem to learn, and their greed always blinds them to the obvious. This stock has been waving red flags for years, and there are still unresolved issues from last year that have never been ...more  
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.
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