GREY:XEPRF - Post by User
Comment by
hedgefund111on Nov 27, 2007 5:07pm
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Post# 13876664
RE: Hedgeguy what do you think of MGA.
RE: Hedgeguy what do you think of MGA.MGA is a good play because they are invested in many companies that are aligned to do well. Hence they did not invest in XE nor did pinetree capital buy any either. Longterm MGA will do well.
XE is gonna get hammered on News just like GQC did. Came out with good news but the accumulation had been going on for months and investors wanted an exit on news.
XE is in the same boat. Acummulation going on and when news comes out, Goood or Bad, it will cause a major sell off. Gotta be spectacular to take it higher than 6 bucks otherwise its back down to 3 - 4 dollars and who knows.. possibly lower