RE:Cannell Capital selling into strengthAs I said back on November 20, 2023. Lets hope their selling is done for now. Over $2.00++ we go!!!
"And huge bigger volume today. Unfortuneately, it seems to be MCB's biggest shareholder selling. It is getting near the end of the year and these funds sometimes do trades to put profits on their books (dressing up). I hope that is all these large trades are. I would note since January 2023 (a big 800,000+ purchase) all their trading in MCB shares (mainly selling) has grown in price/dollar value, although they continue to sell shares below MCB's book value and far below where I think the share price should be. Just my opinion."
Angles