After a buyer and seller of MAG I am now a buyer again, having made my buys today at 2.40. I noticed that the very large institutional holdings are stii there. I can not fathom why they remain.. So on the basis of that, and taking the contrairian view, I'm now bullish. Maybe these institutions know a lot more then we do.. Or at least they appear willing to hold the stockfor somereason. So if it's good enough for them then it's good enough for me..
MAG is not in play. Perhaps if the BOD had terminated Galef and set a new direction some party might be interested. Even that would be a stretch, as there is no indication the company can generate a profit. The Board -- Lawrence, Boren, Cross, etc., are comatose at best. To allow a septegenarian with no product knowledge to run the company is gross negligence. More than fully valued at the current price.