Apr. 30 at 1:35 AM
$MXC 25,000 volume today is on teh high side---this is a pumper stock---can easily go to 13-15 but u need to put ur orders in at GTC and straddle them---to get a good sale--any purchase under 10 will always make u $ as it moves 3 times over 2years to about the 14-15 area but sometimes it goes crazy and goes to
$20 plus which is a scam price---company is OK--mucho cash and no debt but the company doe NOT drill for oil--it takes a 2-3 % interest in existing wells--company has been in Midland for 50 years--they know everything that goes on down there- great trade if u know how to trade it--I am an owner of 2,000 shares accumulated at 9.2 and under over the last 3 weeks--some shares I got at 9.05--u hav to purchase in small increments and spread ur buys at various prices--