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MGM Energy Corp MGMCF



GREY:MGMCF - Post by User

Comment by pipsqueak3on Feb 01, 2013 11:40am
136 Views
Post# 20924550

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: options is

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: options is

Shambano

- you've quantified 'risk' as 10-20%

- You mention this is a 'low risk' play

- You mention the risk/reward is very favourable, which begs the question, where is your mental SL(do you even have one)?

What you're getting at is there is a 80-90% chance of hitting a home run (you mention 1.00 as a potential TP... And, furthermore, you are speaking of a triple bagger gap up overnight on a stock with ~400M undiluted shares out - probably an occurance approximating 1 in 20 st. deviations). This is your reasoning for being in now and not being patient/waiting for results... 

Everything you've mentioned to this point is 100% factored into the current SP, including your expectations, and yet, it's trading at a +90% discount to its IPO at this point. Which means, the market doesn't agree with you at this point. Headlines aren't created out of thin air, and insiders will load up or unload before the general public sees what is coming (you). By the time oileng brings the news here, it's already in the share price...

I'm curious about what your system truly is if not a pure gamble. I'm actually worried when I think of how over exposed you likely are here... I hope all your eggs aren't in this basket.

Ironically as well, you tell everyone to DYODD... in the same paragraph you mention that relying on 2 or 3 opinions from only one forum is enough for you... I fear you will never hit your target because it is unrealistic, and may end up losing your shirt... please take your own advice

 

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