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Bullboard - Stock Discussion Forum MGM Energy Corp MGMCF

GREY:MGMCF - Post Discussion

MGM Energy Corp > Oileng
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Post by pipsqueak3 on Apr 07, 2014 4:46pm

Oileng

I appreciate all of your useful comments and information, your exemplary posts stand out across all of stockhouse and are worth reading several times... but I think this is the first time seen the word 'hope' in one of your posts.

I sold around a year ago but kept watch, waiting for volume to signal me to get back in. Seeing 22.8 mil traded on the main exchange for the month of March amidst a 52 week low is when I really start to take notice; an all time monthly volume high at that.

After a 6 year stint in the duldrums, they did not split nor offer on the secondary, and the big money is racing back in. That's what all big recovery stories have in common.

Comment by OilEng on Apr 07, 2014 6:01pm
Thank you for the kind words.  I am an oil and gas engineer and hence feel pretty confident when looking at the underlying value which I beleive will be realized in the fullness  of time.  However, the Paramount offer has placed all this to the side as MGM no longer has time on its side.    I think highly of the management of MGM and their deal making abililty.  ...more