Where's the doodyhead who complained earlier this week about the volume being so low, and that there was no longer any investor interest in MHR?
A tad under 5m shares traded today; up .13 (+3.08%), .04 below our high for the day. Been steadily rising.
Yeah, there's no interest in this stock. NOT!
I really liked Fridays action...been waiting for confirmation of downtrend breaking, and Friday did it. Im fullly loaded for leg two after trading around a core position during this almost 2 year consolidation. Id be real surprised if we went back near $4, let alone under it.
Nice to see some old names return to the board too. Good stuff and good luck to all.
Doodyhead? Did you look at the volume charts for the 1st half of the month? I'm not making it up, it's fact. And now one day after the AGM- on options expiration day- , we a get a one day volume spike, and that's now a trend in your eyes? Who's the "doodyhead"?
"Did you look at the volume charts for the 1st half of the month? I'm not making it up, it's fact."
I'm not doubting you about that. Point is, we've been slowly trending up, and you know it. I'd rather see a slow trend up than a .75 upswing in one day. You're asking if I looked at the volume charts for the 1st half of the month. I would suggest you check out the historical price over the recent past, then tell me we haven't been trending up.
Well, at least I drew you out of the woodwork with your response. I commend you for that.
Sorry for the 'doodyhead' remark. :-)
You probably did the right thing. As I remember you have a lot of stock. I think the late rally today had something to do with OP EX. Myself, I was short 315 Jan5 puts, which I had a small profit in, about 8,000 dollars. I decided to get the stock put to me in the 3.90s instead. So I guess I will just stick with the extra 31,500 shares for a while. I saw there was almost 6000 open interest on that put yesterday so that means 600,000 shares will be assigned today. They had to come from somewhere, hence the late rally I think. Anyway now close to 100k shares, but feeling pretty good about it.. Thanks for your updates, the voice of reason on the board.
I would say in general the the stock should do well the first half of the year. I'd be looking at selling in April, something like that, buying back in around August, depending. We're just ramping up now.