MFIC on fire sale at $2.05 ($20M mkt. cap). Earnings will be out next Monday, August 8th (i called the company). 10Q will be out this Friday. The CEO said in the last interview a few weeks ago that investors should be happy with the second quarter's results; and the second half should be significantly better than the first half. Also mentioned they're working towards getting on the Amex.
Fwiw. I loaded the wagon on this one; too cheap in comparison with money losing nanotech companies on the Nasdaq with $100M -200M mkt. caps.
Possible reason for the fire sale: Husic Capital Management had 1.6M of the 10M outstanding shares, they sold about 350K in the spring and might be selling right now for portfolio adjustment purposes. This is all just speculation.
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