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Miller Energy Resources, Inc. Message Board

  • kenjoe34 kenjoe34 Feb 12, 2013 6:25 PM Flag

    Great news...operations are successful

    but the patients are still dead. #$%$?

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • volume before price -- thoughts of death premature. Lots of short funds, with an eye to the brokers that do not allow margin below 4, participating keeping the stock below 4. Not long before 4 dissapears forever (in relative terms) -- might take a week or two, but this stock has nowhere to go but up. Lots of good news -- no real bad news now. An orderly retreat by the shorts today, if this is all they've got, then they are in more trouble than they think.

      • 1 Reply to chessmaster6752
      • I like the idea of an orderly retreat,but 45 extra days of normal volume (9 million bad guests trying to sneek away in a normal group of 200 thousand) could turn disorderly and start a wholesale stampede.The trend toward cheap oil and gas is turning sour.A rational person would never short one stock because they would not want to be at the mercy of insider information ,changing facts, or a new discovery.Mill sort of fouls up the calendar with the year end being in late April so not alot of shorts are expected to figure this one out quickly.I recommend accumulating mill and expect it to be all good soon.Dont fall for the trap to dump at $5( somehow we are getting trained to do this). .. One could easily miss the short squeeze and see this stock double in a week.

 
MILL
5.61-0.07(-1.23%)Jul 11 4:02 PMEDT

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