% | $
Quotes you view appear here for quick access.

Magnum Hunter Resources Corp. Message Board

  • mptashne mptashne Oct 31, 2013 4:52 PM Flag

    End of month selling positions

    On CNBC they said it was the end of the month closing positions and energy was one of the sectors that got hit they said. It should pop right back as long as the market does not see continued downward pressure. The market was in the green today untilk 12:30 then the selling wave hit. It was at 7.09 this morning and came all the way back over 7.40 and did not really go under 7.33 till the last half hour The stock is controlled by market makers and who ever is behind the controls. I have seen this stock buck the trend on any given day and go straight up all day long against all selling. There are guys controlling this one that's what I see and feel. This is just my opinion as another trader. The stock should see higher days ahead as the company grows.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
1.08+0.11(+11.15%)Jul 28 4:01 PMEDT