MHR pipeline value just doubled, maybe even a triple as they continue to expand services. Pipeline will become more valuable than the oil it transports as the environs out of Washington turn up the heat on rail transport. SELL NOTHING BUY ON THE DIPS. Add the cold winter weather vig ,just getting started, and MHR as well as others are gold mine in progress.
Smell that smell???
YEP! Its the smell of fear, SHORTS FEAR, and a SHORT SQUEEZE STORM is brewing. Look for $7.51 to $7.71 into tomorrow close. If that happens, and more likely than not, then MHR SOARS THRU OVER $8.02 to $8.18 - $8.23 onto $8.57. When???? First a close tomorrow of $7.51 or greater and then its botta boom batta bing over that next 7 trading days. WATCH LONGS. SHORTS I want U to WATCH TOO AND MAY I SAY THANK U.
1.FIRST a little MM housecleaning of all stop sells under $7 and then on past $7.21 to $7.38 or higher.
Spike in cold temps across the U.S. over the last 14 days put a serious draw down on NAT GAS & OIL suppy.
2.Middle east tension ALWAYS putting a weight on prices as well as OPEC throttle of supply to keep prices high.
3.Holding onto the Eureka Pipe line asset was VERY SMART.
IF U USE STOP SELLS SET EM ABOVE $8..
$$$$ has shifted into retail stocks, temporarily, and now with start of winter will come back into energy stocks that have had a nice consolidation. MHR will soar to or higher $10 within months. MHR now running on cruise control with all VAMPIRE LAWSUITS---GONE. As a matter of fact it was nice to see one particular law firm had to pony up and pay MHR ---COULPLE OF MIL I THINK IT WAS 2.8mil +/-. NICE.