Sep. 14 at 4:10 PM
$MFI This is an extremely attractive stock that I previously sold at a handsome profit.
I'm watching it closely due to its incredibly low free float and very high percentage of insider ownership.
The market cap compared to peers is still significantly undervalued.
The stock performed very well on Friday, and then an SEC filing was released after the market closed.
After reading it carefully, I'm more curious than ever to see how MFI will perform in the coming days.
There's one sentence in the SEC filing that stands out in a positive light:
" in no event will we sell securities registered on the registration statement of which this prospectus supplement is a part with a value exceeding more than one-third of our public float in any 12-month period so long as our public float remains below
$75.0 million."
See you soon!!
$RGC $HKD
