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Penny Stock Forum Penny Stocks are low-priced issues, often highly speculative, selling at less than $5 a share. Penny Stocks are traded on pink sheets and the OTCBB

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  #1  
Old 12-18-2007, 01:44 AM
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Aufan 1983 Aufan 1983 is offline
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Default MOSH...Mesa Offshore Trust

This play was brought to my attention by Mke_d and JGygli .

Keep in mind there are alot of what ifs here and rumors are running wild. Where exactly the truth is could be difficult to find right now.

Shares Outstanding: 71.98M
Float: 64.65M

Here is the story and a few links. Remember play the story and ride free shares if you want to see how the movie ends.

Take the info below with a grain of salt and make your own decisions. I bought a few but I wouldn't trust the numbers below but some people will so this may run higher.

MOSH unit holders are seeking $1.2 BILLION in damages from Woodside ($30B market cap) and PXD ($6B market cap). With 72M O/S, this would be about $17.00 per share/unit for MOSH shareholders! MOSH is a trust, so any settlement or lawsuit judgements would be distributed to share/unit holders after expenses. The next hearing is set for January 14 2007

Webiste with info on MOSH's case against PXD and Woodside:
http://www.mosh-info.byethost32.com/


Mesa Offshore Trust Announces Proposed Settlement Agreement, Including Resignation of Trustee and Appointment of Temporary Trustee
Thursday December 13, 12:39 pm ET
http://biz.yahoo.com/bw/071213/20071213005820.html?.v=1



Lets see what this will do
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  #2  
Old 12-18-2007, 05:55 AM
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Default Re: MOSH...Mesa Offshore Trust

The Lawsuit
In April of 2005, a lawsuit was filed by a group of Mesa Offshore Trust (the Trust) unit holders (MOSH Holdings, L.P.), against Pioneer Natural Resources Company (the General Partner of the Partnership), JP Morgan Chase Bank, N. A. (the Trustee of the Trust), and Woodside Energy (USA), Inc., over various issues and properties of the Trust (the Partnership).
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Old 01-07-2008, 04:10 PM
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Default Re: MOSH...Mesa Offshore Trust

This one looks ready for more upside now.
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Old 01-08-2008, 10:54 AM
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Default Re: MOSH...Mesa Offshore Trust

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Originally Posted by TraderJJ View Post
This one looks ready for more upside now.
Anyone looking at this one? It could return to the recent highs.... moving up quietly today so far.
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Old 01-08-2008, 12:55 PM
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Default Re: MOSH...Mesa Offshore Trust

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Originally Posted by TraderJJ View Post
Anyone looking at this one? It could return to the recent highs.... moving up quietly today so far.
at .30 x .31 now, if it keeps holding .30 as it has been, next resistance is .41, then blue skies.. has a forward looking event as posted in previously.

(Helllooo, anyone else on this thread? lol Hellooooo)
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Old 01-08-2008, 03:03 PM
Theboundbook Theboundbook is offline
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Default Re: MOSH...Mesa Offshore Trust

Back to yesterday's close.... Been watching, just not ready.... Thinking there still may be some more decline here....
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Old 01-09-2008, 03:36 PM
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Default Re: MOSH...Mesa Offshore Trust

WOW .... now hitting on all cylinders @ .42
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Old 01-09-2008, 10:54 PM
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Default Re: MOSH...Mesa Offshore Trust

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Originally Posted by Aufan 1983 View Post
WOW .... now hitting on all cylinders @ .42
Where were you guys when I was pounding on the table? lol
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Old 01-10-2008, 12:43 AM
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Default Re: MOSH...Mesa Offshore Trust

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Originally Posted by TraderJJ View Post
Where were you guys when I was pounding on the table? lol
I had a dentist appointment and some things at the office. In the spare time I was busy reading tdcp.....lol

It was a great day but I'm not sure why the push today.
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Old 02-23-2008, 02:01 PM
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Default Re: MOSH...Mesa Offshore Trust

Bull Flag pattern- bullish. Possible head and shoulders pattern- bearish.

Caution is advised-
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