It is more the NG price that has been mucked with than oil, but agree its WTI too, shorts just go sector wide and Montage is such an easy target. Being that it was ECR not as large a company and had several hurdles to pass to get to this point it is no wonder.
Slowly I believe we are getting more solid interest, many players in the game would never have even messed with ECR and it took a while for MR to get on many radar screens.
One thing it has not failed to do is increase revenues, and beat consensus estimate again and again and again over a 2 year period.
Now cash flow positive and with such a high book value and the ability to now start to meaningfully take out debt things should change.
I think I mentioned before having 9 analysts I believe now covering the stock and will actively participate in the CC's from here out will be a plus.
On fintel MR is still listed as Mindray Medical and cannot find any tute ownership etc, on Nasdaq site there is very limited, no short interest etc. This just adds to the hiccups of getting people to join the party, but little by little they are and the analysts and some nice write ups should change that.
There is this one gal though that keeps the PT at $5 haven't a clue why, maybe she has difficulty with arithmetic so many do. I am not a fan of the firm she is with as I have ever found them to be straight shooters, but, that's just my personal feelings rightly or wrongly.
Two top execs added in 10 range for 260K shares, so I feel all mine at the knuckle dragging short pushed bottom are gifts that I will be opening at Xmas time with so many others.
Lets just see as the next ER is released, til then even though I am deep already I will always be a bid sitting fool at the lows.
May EPS March 1.16 May .70 Aug .41 and still even making good money with low commodity prices its trading here? When it was darn near 3 I was like are they going to try and push it under what they will make in the year? Lower capex and increased production should have numbers back up to .60-.70 EPS even with commodity prices being manipulated by large players with agenda's (Soros and large $$ Green energy pumpers/hypers IMHO) we shall see.
Peace out.
