RE:RE:RE:MGX can now be Updated to New Level.Rooster,
First of all I'm glad you read my other posts I would expect nothing else. You are right I did not share my thoughts on PYR until I picked up more shares, this is not charity I'm here to make money, as are you. I felt more comfortable posting after I bought having spent the weekend reading, my time is not free. I also said my post was lengthy and lead me down a path... you didn't mention I was corrected on my post and thanked the other contributor for his comments. I WAS WRONG on part of my speculation on additive manufacturing industry and I have zero problem saying that. I'm bullish on PYR and HPQ because of PYR. I try to be as objective as possible as I said before I like MGX... I like the tech, the market and Lazerson. I'm from Alberta and my brother is in the oil patch I know what low oil prices have done... I want MGX to succeed I want it to produce cleaner water, help the oilsands image, and generate revenue off of a byproduct.
I also try to take the emotion out of this and be obective. I disclose what I own and what I don't, so its full disclosure. I look at support, resistance, indicators, trend and charts to no end... I said MGX has a trend and its down, its next support is .90 to 1.00... light supoort slighty above 1.00 to 1.06-1.11 ish. This isn't bashing its a fact on what the chart and indicators have to offer... are they always right.....no.
I apologize if you see my comments as soft pump or soft bash. I will buy MGX but not here, sorry. Maybe I'm wrong and if I am great I'll move on. The price isn't where I want it and that is all. 9 business lines isn't helpful if there isn't revenue... 1,2,3,4,5 doesn't matter. I said before I hope 1.32 is support and it fell below that, its not my opinion its fact. The fact you own PYR tells me you understand the importance of business lines generating revenue. You didn't comment on the 9 business line post, or my PYR post at the time. I'm here for constructive conversation, and its what I'm trying to generate and that is all. I am incapable to reading, digging, and knowing everything. I use this board to help in that effort. I just wrote a long post on bashing and pumping on HPQ if you disagree please respond, I'm right less than half the time.
So we are clear I like MGX and I want to buy it, if it had consolidated at 1.32 I would have bought.... as previoulsy stated. It didn't, I'm now looking for the next level of support. I wish I would have dug deeper back in October when I first saw it. I didn't dig then I was looking at other stocks. I don't buy on up trends or down trends I buy on consolidation. If I like everything else about the company. The only thing missing in MGX is consolidation... no pump no bash. That is fact. HPQ... consolidated at .10... PYR consolidated at .60-.66. HYSR... (no one watches this) .005.... so that is what I look at. Management, potential growth, and consolidation.... you know my strategy. The other three have all four.... MGX is missing one for me. Perhaps you have a different stratety, we are all different, but that is mine.
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