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Manitok Energy Inc MKRYF

Energy Oil & Gas E&P
Manitok Energy Inc is an oil and gas exploration and development company. The corporation is engaged in the exploration for, and the development, production, and acquisition of petroleum and natural gas reserves in western Canada. It mainly focuses on conventional oil and gas reservoirs in the Canadian foothills along with crude oil in Southeast Alberta. The majority of its revenue is derived from the petroleum and natural gas.


GREY:MKRYF - Post by User

Manitok Energy Inc
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Comment by Sparkletoothon Sep 18, 2014 3:57pm
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Post# 22949460

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Jman

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:JmanManagement needs to prove it can do what it says it will do when it says it will do it.

If they can do that, then the institutions will wait two quarters to see the number before piling back in if the numbers are good and trending up.

That's how to beat the market.  Buy in on spec before they do.  Takes patience.  I haven't traded this one very well, but if I had, I would still have bought back in last week.  As for waiting until November for more tax loss selling, that strategy might not work this time.  I think most of the selling has happened absent any more surprises.  Instead, if I was reluctant to commit based on seasonality only, I would pick a price and put in my bid with a deadline in December sometime, and just let it sit there until it is filled, or until I was more comfortable with making the commitment.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities