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Very light trading volume for MHR lately. Not sure why. Looks like the folks that wanted to take profits did so and the rest of the folks with cheap shares are holding them long and the folks on the sidelines that want to get in don't want to pay $1.80 to do so. I don't blame them. If they are new to MHR and don't know about Gary Evans' track record or this company I'd be worried about buying at these levels too. But as a guy that follows this very closely I feel really good about buying at $1.60 or $1.80 and even $1.90 which I've done to add to my really cheap shares.
Kind of slow trading volume the last few weeks. Giz, Oilman, Slab...any thoughts on the light trading volume? Are folks worried about dilution because of the filing? Are they worried about the rapid run up? Maybe a little of both? Rating :
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Extremly Light Volume????
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billglueck
Online Now
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Not rated | 6-Nov-09 03:40 pm | ||
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No worries if you are investing for the long term....
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Gizwick | Rate it | 6-Nov-09 03:49 pm | ||
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I think it is because its Friday and oil is down o...
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peytonstorm | Rate it | 6-Nov-09 03:50 pm |
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