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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > did someone take profits today
View:
Post by farml1234 on Jan 14, 2013 2:38pm

did someone take profits today

easy come easy go
Comment by SmallBet on Jan 14, 2013 4:02pm
There are buyers out there, looking to buy right now, even at the lowered price of .33!  still lots of upside
Comment by kh231 on Jan 14, 2013 7:00pm
Yup! Today was a typical shakeout, following the end-of-week rally last week. Most of us savvy investors are hangin' on for the long-term. MGX will be a 10-bagger for sure!!! Just look at the huge holdings of CEO, CFO and management! They know the POS is worth WAY more than the current share price.
Comment by strelioff on Jan 14, 2013 7:28pm
MGM also has staying power as Clay is quoted as saying that he will continue to fund this company for as long as it takes to get the job done. He wants to see production for the north. Clay has the deep pocket to keep that promise and has been as good as his word, recently putting in $5.5 million into the company on a rights offering. No shares were required to be purchased through the standby ...more  
Comment by farml1234 on Jan 14, 2013 7:58pm
this guy is talking out his BUTT , the shares were not avaiable Mr Simoes or can't you read someone else took them, i peed i could not exercise my rights I still looking for some lose cash to add and what i have in my pocket is not enough to bother with
Comment by glacierman on Jan 14, 2013 8:22pm
Farm123, this speculator is bashing our Bill Simoes (aka Oileng).     I hope he enjoys his short-sighted profits.
Comment by strelioff on Jan 14, 2013 9:24pm
Not bashing Your Bill just warned Farm yesterday to take profits and David Ristau that I will call a larger short than him:) If I was to bash " Your Bill" I would ask you to ask him about The Oxen Group's short plan.  I asked  "Your Bill" a basic question why Clay has not openned his wallet and hit the debt markets? Farm123 -  2 professional short sellers are ...more  
Comment by shambano1 on Jan 14, 2013 11:05pm
I loove it when the naysayers come to the party, just reenforces my beleif that MGX will hit the target zone of the Canol and the data and possibly production will also be good. I'm not sure Clayton's name is coming up as a negative factor, his wallet was there to backstop the rights offering but the offering was fully subscribed and wasn't needed.  I take this information to be a ...more  
Comment by DROG1 on Jan 15, 2013 12:17am
"The Oxen Group"? Is that a joke? The "CEO" of The Oxen Group graduated 2 years ago with a degree in Philiosophy from Lake Forrest College. Give your head a shake.
Comment by strelioff on Jan 15, 2013 1:03am
Why give my head a shake when I can pick up the phone and call a pro trader with deeper pockets and a deeper brokerage pool to lend. Here is my buy low sell high and phone a friend reality I am now beyond overweight positions no one would dare, care or legally be able to own like Berkshire Hathaway , Ford, MGM Energy, CorEnergy, Cameco , Mahindra, Alliance Grain, JP Morgan, Companhia Siderurgica ...more