..shorters can be / are wrong; looks like that is happening (to a smaller degree) on NAN
..issue in my mind is the debt covenants and banks are currently very skittish on loans with exposure to oil
..cap raising?? who would buy??
..again I say, if MRM survives and when the oil price cycle turns it will be worth $2.....but not a small if!
..the dude who bought for $2 and sold for $6 made a profit of $4 ... what is the company worth now??
MRM Price at posting:
30.0¢ Sentiment: Sell Disclosure: Not Held