Magellan Petroleum Corp (MPET) Update

MPET has just hit a 52-week low of $.28/share.

The intraday price range has been from $.28 - $.45.


It WILL continue to fall even moreso, possibly close to $.225 (That would a true gift from the Gods)

My gut feeling is that regardless of holding the company for one day or one year, its worth taking a shot at if you have the means to do so.

Buy MPET @ $.24; +/- .025

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