RE: Mega will go!!!!The other thing people should be asking is why was MGA the only stock that a certain someone said buy at market only 1 month ago when the price was in the low $4's. As for price consolidations they are very healthy, this stock has had a history of .20 to .40 swings on low volume, if the stock is no good as Frenchie alludes to, then why were the recent options priced at $5. Also take a look at the price fluctuations in a company like IUC. and Lam. To me watching the trading this past week has been blatant manipulation, 100 - 500 share trades bringing the price down, it all looked very similar to when we had our last big spike upwards, if you looked at the close yesterday we closed at $4.29 but there was only 200 shares available at the ask at $4.40 and on level II we only had about 30,000 to be back at $4.90. I also noticed after Frenchies negative post yesterday morning we had a quick drop in price to the $4.30 range, I wonder if someone was buying, coincidence (maybe). I have been in MGA since the $1.50 range when it was Maple and I am quite happy with the progress of the company and I am holding long term till we either get bought or consolidate or produce on our land holdings. There is more awareness about Ur starting to happen and you can see the speculation starting to happen in a lot of these smaller companies, they do not have the quality of land holdings or reserves that a MGA,LAM or IUC have, and they have seen their prices and market caps rising by %100 - %300 percent, these are the companies that when a consolidation happens are the ones that are going to get hit with the biggest corrections or dilution to move their projects forward. I agree that UR stocks should be part of one's portfollio, so do some good DD, place your bet's and hang on for the rewards. JMHO.
Cheers
omega77