OTCPK:MAUXF - Post by User
Post by
stockpeekeron Dec 21, 2011 12:13pm
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Post# 19342131
When the Pipeline Deal is announced ...
When the Pipeline Deal is announced ..... the stock could easily drop as the news has already been leaked for awhile. The big players with early inside knowledge of what is happening may already have bought all the MMT they want for awhile.
Rumors such as increasing production resulting from AGIP's allowing increases in pipeline flow and UMU-9 snippets have helped MMT make it up to .85 already from below 50 a couple of months ago.
IMHO, Mart has been leaking operational details to gain large broker support from the likes of BMO, Cormark, and others. There's no telling whether hedge funds are actually involved or not at this point.
Point is, the old adage of "Buy on rumor; sell on news" may turn out to be the case hee, so be careful loading up your accounts at this level for a quick pop on the news. Once all the news we've been expecting is officially announced, we'll have one particular thing to build stock price over 2012, and that BIG thing will be cashflow increases.
Just my 2cents.
'peeker
PS> Now, just to qualify my concerns above, I must admit I just added a few shares at about .84.