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hweb2

06/28/21 7:35 AM

#88374 RE: larrybaz #88342

Snagged a little MXC for fun. Big Q4 and doesn't appear to be any 1-timers that I can find. Figured it was PPP loan forgiveness or something, but that was in fiscal Q3.

Looks like Q4 revenues over $1M with net income over $400K. Earnings of .20+/share for the quarter. Not that the stock is cheap in the high $10's, but with its low float...could shoot a few bucks higher. If it fades quickly, I think a good one to accumulate. As their fiscal Q1 report in early August should be another very strong quarter given oil/gas prices have continued to increase.
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hweb2

07/06/21 10:03 AM

#88562 RE: larrybaz #88342

MXC getting a low float pop over $11. I'm happily taking some profits. Think we'll get another chance to buy in the $9's or $8's