I don't really know ... but if would had some guts 3 month ago (1061%), I could have be drinking margaritas on Bora Bora while counting the dineros ;-)
I'm Gonna work on a flux capacitor and travel back throw time. I just need 1.21 gigawatts.
No I can't explain it. I think it is monkey business. Unfortunately bought and @ 32 and it promptly went to 26. I sold. Next day it was back up to 34.
I don't know what is behind it except to say that small cap nat.gas and E&P companies are really getting a terrific run right now. Other than this being a mo mo stock, I have no answer.
It is already up $1.41 pre-market. Something is going on and I don't know what.
The fact that many of these companies are getting the same amount of attention and are all rising indicates that there is some substance to this rush but I can't see what it is. It smells like a combination of herd reaction (maybe on account of buy out roomers) and the daily fluctuation we're seeing is a result of people in the know making money on this interest. Since I'm not one of those who knows, I'm not touching this one with a stick.
Top 1%
shlomi
Jun 24 at 3:58 ET
I don't really know ... but if would had some guts 3 month ago (1061%), I could have be drinking margaritas on Bora Bora while counting the dineros ;-)
I'm Gonna work on a flux capacitor and travel back throw time.
I just need 1.21 gigawatts.
Top 1%
verushka1
Jun 24 at 8:49 ET
No I can't explain it. I think it is monkey business. Unfortunately
bought and @ 32 and it promptly went to 26. I sold. Next day it was back up to 34.
I don't know what is behind it except to say that small cap nat.gas and E&P companies are really getting a terrific run right now. Other than this being a mo mo stock, I have no answer.
It is already up $1.41 pre-market. Something is going on and I don't know what.
Maybe some of the members would have more info.
Top 1%
guliamo
Jun 24 at 9:42 ET
The fact that many of these companies are getting the same amount of attention and are all rising indicates that there is some substance to this rush but I can't see what it is.
It smells like a combination of herd reaction (maybe on account of buy out roomers) and the daily fluctuation we're seeing is a result of people in the know making money on this interest. Since I'm not one of those who knows, I'm not touching this one with a stick.
Top 94%
Stockbum
Jun 24 at 12:48 ET
Check out the similarity between this and ROYL.
I think it's something to do with the Bush/Mccain effort and these companies having a presence in CA/West Coast. Just a guess...
Top 1%
blacktuna
Jun 24 at 1:21 ET
MXC is Texas based and going through the same rush.. on the other hand that might support Stockbum's bush - mccain theory.. but how?