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tigersfirstwhore

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tigersfirstwhore

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Thursday, 09/26/2019 12:16:49 PM

Thursday, September 26, 2019 12:16:49 PM

Post# of 29
Time to sell and go short MCF.

Since the equity offering two weeks ago the stock has nearly tripled, this while energy stocks, natural gas, oil and condensate prices have all come under extreme pressure.

This looks like one investor trying to run up an illiquid stock. You could have bought al you wanted below the $0.95 offering price and now it is $2.40. There is zero fundamental reasons for it. Yes, the balance sheet is better but the offering was massively dilutive.
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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