Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

MENA Hydrocarbons, Inc. SKNAF

"MENA Hydrocarbons Inc was incorporated on May 11, 2010. The Company is engaged in oil and gas exploration, development and acquisition of properties in the Mediterranean and Middle Eastern regions. The Company's current assets include Egypt: Lagia and Syria: Block IX."


GREY:SKNAF - Post by User

Bullboard Posts
Post by BennyFarmson Feb 14, 2013 11:38am
149 Views
Post# 20988548

Obvious Accumulation

Obvious Accumulation

Smart Money Always lines up and Buys on Pull Backs. MNH Case in Point. Next Run is being Set Up. Big Boys in Charge.  Note: Managment has an 40% Stake ( and those shares are Restricted from Transding for 3 yrs - See Latest Investor presentation). That means the TRUE TRADEBALE FLOAT is therefore reduced accordingly. Take away 80 Million Shares That Belong to Insiders that are Not Tradeable and you Get the Picture. In Essence 150M S/O...x current SP in Opern Market is Rediculously Low for this operation. Last Year at this time with a similar Balance Sheet the Market Cap was $40 Million or 10x Current. Upside is in the Cards for MNH

 

 

Bullboard Posts