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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > volume
View:
Post by SmallBet on Mar 10, 2014 12:29pm

volume

one would think that with the current volume of late last week, now today, the price would climb. its flat. thoughts?
Comment by glacierman on Mar 10, 2014 1:49pm
Not sure if this activity spells a potential takeover but here's what was said about a recent example in the mining industry. The potential buyer can only remain "secret" with less than 10% of shares. “From a business point of view, buying shares early on makes sense for majors. Shares bought in the open market are less expensive than if they were to make a takeover bid at a ...more