Neilie From a long term perspective MAD is high risk speculation at best on Yeager coming up with a good deal. On the flipside their are 2 parties to every deal and their is no logical reason to believe that Yeager can outdeal the other party evens if he gets a deal.
From a short term perspective you have
The chart in a massive downtrend Almost all holders are now in losses and many wont be able to take the pain Vicksburg is looking more like a dud as each day passes Tax loss season is upon us and many investors will cut big lossing stock like MAD just to take the tax loss before the end of June Reserves downgrade is still to come with a massive write-down of Oil and Gas assets on the balance sheet The oil producing assets(loss making), cash and oil rigs are not worth the market cap of 120M
To counter all of these negatives MAD must have a positive announcement very soon. I dont see where it can come from in the short term
FDM Price at posting:
22.5¢ Sentiment: None Disclosure: Not Held
