great pickup.... mgmt will have a great conf call...
I bought in originally at $3 bucks and rode it up and down and it has just been a total disaster. GE is full of it... what a salesman P*S.
They just moved the company to Las Colinas/Dallas area - probably signed a 10 yr lease and relocated the whole company. I do not think they are going to sell soon
yep.... something around the corner for MHR. Hoping to hit $2.80 per share before the middle of July. Picked up 30,0000 shares at $1.40 - long term holder now!
I feel like all the bad news is out on this stock (at least for the short term). At this point are we just waiting for MHR to finalize the sale.... who thinks that might get announced today? If the sale and terms are finalized, wouldn't that push this up 20% in one hour? I would doubt that a large dilution of shares would be issued but if they did that, would it push MHR a lot lower.... or higher? Surely, something big is around the corner and I would think it has to be mostly positive. Sorry for all the longs who have lost their ARSH on this - I bought back in yesterday after sitting out 6 months and I think that ppl have panicked and are scared and it has created an opportunity but at this point this is nothing more than a gamble - short or long, this is just like playing rullltete in my opinion. GOOD luck yall!