MHR's "good news" Is just an extension to raise money and increase liquidity. The company is still in trouble and is a great potential short. We'll see how it plays out.
Dang I made a good call on this one. It finished down 14% Monday. Sadly I didn't have the buying power to short it! Oh well. Nice to know I was on the right track.
I am also in same thought...Will be a great short tomorrow or tuesday.
wouldnt it be better to long rather than short because of their upcoming $65 million cash raise?
MHR's "good news" Is just an extension to raise money and increase liquidity. The company is still in trouble and is a great potential short. We'll see how it plays out.
Dang I made a good call on this one. It finished down 14% Monday. Sadly I didn't have the buying power to short it! Oh well. Nice to know I was on the right track.
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