Moro announced a buyout today at $5.59 cash per share!
Just two weeks shy of ten years after I wrote my inaugural MRCR post "Looking for a sale of MRCR" hahaha. So my timing wasn't perfect
I bought as low as $0.20 in 2016 and many times since then. Here's all my Moro writings if you're interested.
-- Dan
disclosure: long MRCR
Congrats! Subscriber for past year. Great stuff. I had a small position that I bought few months ago thanks to your research as well as another platform I subscribe to, so thank you. Is this one of the longer holdings for you? Cheers.
ReplyDeleteOh nice. Yes MRCR is one of my longest holdings. Probably IEHC, CVV are the only stocks I've held longer.
DeleteYou had more confidence in the outcome than I did. I held until it got to the $1,90 range and then got tired of waiting. Only 3x for me but was clearly a solid company and investment.
ReplyDeleteamazing. give memories of the happy daily spike days of 2020. what do you think of this micro cap environment that totally died and dried out since the sec rule? . do you still see future there? especially with the ability of these companies to go dark a, kill the share And buy the shares back in 0.00001$ or die quietly
ReplyDeletethe SEC rule has really hurt things for sure. A lot of my biggest winners wouldn't be possible now. really sucks
Deleteit's a really good question and one I've thought a lot about. If you chart out my own stock performance you can see when the SEC rule change hit...so yeah it's definitely been a thing for me. I don't have a good answer. The SEC pretty much drained out my favorite fishing pond
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