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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: CpsOmis who wrote (61852)3/9/2000 10:20:00 AM
From: Think4Yourself  Read Replies (1) of 95453
 
I agree with you that MLRC has a low float. When Slider was pushing it last year, I thought the stock sucked big time. The fundamentals stunk, and the low float told me it had a lot of downside left.

Now the low float works the other way. Fundamentals are fantastic for MLRC going forward. They have gotten the problems solved. Now the low float gives huge upside potential. Thanks to Slider I got in at the 52 week low.

I guess all I am saying is that a low float can be very bad or very good, depending on where you buy/sell, and the company conditions. I think Slider is right in that MLRC is going to 7 soon, and the low float will help make that happen quickly. Not by any trickery or pump-n-dump, but by dramatically improved fundamentals.
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