bought into this at 60 adn 70 cents with real money and took a decently sized stake. MCGC should benefit from recent covenant revisions and from mark to market accounting revisiosn. See my march blog on mark to market accounting and why I invested in… More
This company lied to it's shareholders and the shareholders punished them pretty good. They had a rights offering that diluted shares, and 3 weeks after the RM was complete, they cut the dividend in half. They had a -92% drop in EPS last quarter. Had… More