Ghostley, People are buying cant you see the volumes have increased at least 3-4 times the normal over the past week or so. Someone is drip selling at 16-16.5 cents consistantly. It may be Albers, reducing his 60% holding before A-1 drilling. Thats what I would be doing if I was exposed to 60% holding of a risky Prospect (O&G drilling is risky business), minimize my risk and sell, reducing my holdings to about 30-40%.
It is an opportunity for others to pick MOG up at these low levels. If it was'nt for the drip selling at 16-16.5 cents this stock would up aroud 20cents by now.
MOG Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held