Mart Resources Inc MAUXF

Brutal up and down

[naga00]

think that you have to keep your eye on a specific ball otherwise this stock is not for you. The main focus for a specific group of investors is the pipeline and increased production, which of course increases cash flow dramatically. Others focus is the above+ the div--I think the downward spiral today relates to hesitation of announced div and because of this the stock got pounded. The other factor is potential purchase of additional acreage. I think this somewhat positive , but some don't like it because it uses dramatica working capital. Pipe-line losses is the cherry on top. So div removal for the time being, pipe-line losses and disliked purchase potential cause the stock that made a new 52 week high- collapse to a low of 1.17 from 1.80 I remain steadfast because I am waiting for pipe line - if the div is halted for awhile will be bummed short term, but will continue to hold the position and if I had seen the 1.17 I would have bought more.