Mart Resources Inc MAUXF

Price Adjustment?

[bugalabuga]

So typically there is a price adjustment after a divy, right?

If that was it that sure was a small price adjustment!

[melone]

What did you expect? Now 14% annual yield @1,44$

[bugalabuga]

Still learning Melone. :) Happy to see though!!!

[ScaryRaccoon]

Hard to see MMT stagnant now for the last few weeks considering the move oil has been making. Then if oil corrects, as usual, we will just go down further and all this excitement around the divy will be cancelled out for those who bought in the 1.40 range.

[kaisersosze]

Dude, we were at a $1.00 a few weeks ago...why the pessimism??  What have your other stocks done in the last month??

[ScaryRaccoon]

Its not pessimism.. its a bit of frustration.   Its actually been 3 weeks that we've been in the 1.40 range, and during that time oil has climbed significantly. 1.05-1.34 was achieved based on the dividend. I would have expected us to at least climb slowly based on how oil has been doing.

[Tbonepickens]

Lots of other stocks have been getting crushed while MART had a very nice run and is now trading comfortably between $1.40 and $1.50. More good news in the future will push the stock even higher. Nobody should be snivelling because it doesn't go up everyday. Stocks fluctuate....even when the spot price of oil goes up marginally. If you want to try to double your money in one day or less

[trader3000]

Getting paid while waiting for drill results and possible increase in reserves and cashflow. Not bad for a junior stock. Wish I had a few more like that.    

[kaisersosze]

Getting paid while waiting for drill results and possible increase in reserves and cashflow I'd say "definite increase in reserves and cashflow"!

[young_spanky]

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