Gee Cosmo - They've finally found Mike Wallace's replacement for 60 Minutes...
Stick to what you know - even if its "parroting" - at least be a good bird...
Cosmo; you come off as a clown; when you talk "BS" about companies like BSNX - of which you are obviously totally clueless... unfortunately; you've learned enough key words & phrases ("paint the tape" - get a clue) to nearly sound like you have a remote idea as to what's going on here... but, you don't - so don't overplay your hand.
BSNX has basically been a $20 stock ? Sound like a penny manipulator there ? - Also, check out the top 10 Institutuional holders: For crying out loud - Franklin has owned more $ in BSNX (in the $20's) - than MEXP's entire market cap.
1. FRANKLIN RESOURCES, INC 1 12/31/99 1,317,700 $17.87 7.1 550,200 71.7 767,500 4.2 -6,500 -0.8 774,000 4.2 679,500 719.0 94,500 0.5
2. STATE STREET RESEARCH & MANAGEMENT COMPANY - OTHER 1 12/31/99 933,900 $12.66 5.1 -100,000 -9.7 1,033,900 5.6 -260,200 -20.1 1,294,100 7.0 -123,000 -8.7 1,417,100 7.7
3. LORD ABBETT & CO 1 12/31/99 777,621 $10.54 4.2 350,825 82.2 426,796 2.3 -40,055 -8.6 466,851 2.5 44,080 10.4 422,771 2.3
4. FUND ASSET MANAGEMENT INC 1 12/31/99 697,300 $9.46 3.8 600 0.1 696,700 3.8 35,700 5.4 661,000 3.6 26,000 4.1 635,000 3.4
5. DIMENSIONAL FUND ADVISORS INC 1 12/31/99 655,700 $8.89 3.6 -2,200 -0.3 657,900 3.6 -63,300 -8.8 721,200 3.9 2,800 0.4 718,400 3.9
6. INVESCO FUNDS GROUP, INC. 1 12/31/99 477,400 $6.47 2.6 208,500 77.5 268,900 1.5 -195,700 -42.1 464,600 2.5 267,600 135.8 197,000 1.1
7. U.S. BANCORP (MINNESOTA) 8 12/31/99 456,500 $6.19 2.5 64,800 16.5 391,700 2.1 19,100 5.1 372,600 2.0 144,100 63.1 228,500 1.2
8. AXE-HOUGHTON ASSOCIATES, INC. 1 12/31/99 441,570 $5.99 2.4 179,050 68.2 262,520 1.4 82,755 46.0 179,765 1.0 179,765 - 0 0.0
9. BABSON (DAVID L) & CO INC 1 12/31/99 401,500 $5.44 2.2 401,500 - 0 0.0 0 - 0 0.0 0 - 0 0.0
10. WANGER ASSET MANAGEMENT, L.P. 1 12/31/99
Do you see names like that with that ownership size in MEXP ?
MEXP has a 8.2 million share float & a $22 M mkt cap.
BSNX has 12 Million share float - 50% more than MEXP - 273,000 avg daily volume and had a mkt cap nearly 30 times that of MEXP untill this blow off ? 237,000 share daily volume - not enough for you to trade - please ?
MLRC - has a 4.5 M share float and a $32 M market cap (50% larger than MEXP) - also, they just withheld a planned secondary which will increase liquidity for Institutional investors - they've addressed this specific issue in their prior PR on the secondary.
Oh; by the way - MLRC has their new financing in hand - MEXP is in default and does not; in fact has gotten waivers from its bank and creditors ?
I own a little MEXP as well - priced at $1 ish - it was an option - I'll hold in the "forget about it" drawer - maybe it see's $6-$8 again in a couple of years...
Manipulation ? Please... Especially in BSNX that has regular top tier analyst coverage... simply clueless Cosmo... you're reverting to your mean again (VBG)...
MEXP isnt mentioned in the same breath as BSNX - totally different tier's of companies there - remember the discussion we had on "EVER" a while back (up 45% by the way since).
MLRC has their financing allready - again; not in the same catagory as MEXP.
Glad to see you've latched onto a real original idea of your own in ole' MEXP... the concept of hang onto your wallets - "that's an original" as well... Peter Lynch - look out...
"manipulation" ? - you're an idiot... Look at the Institutional Names in BSNX - do you see names, or $ invested like this in MEXP ? - get a clue. MLRC is a micro - but, with their fianancing in hand and their increase in proved reserves and their funded drilling program going forward which is much more exploitational than MEXP's - hardly a manipulation play - more like an early stage E&P version of BJS SESI KEG - workover co's are early stage, low cap ex intensive - MLRC is high well volume, shallow depth, cheap drilling - exploitation & development. |
