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Bullboard - Stock Discussion Forum McCoy Global Inc MCCRF


Primary Symbol: T.MCB

McCoy Global Inc. is a Canada-based provider of technologies and equipment designed to support tubular running operations, wellbore integrity, and assist with collecting critical data for the global energy industry. It is focused on well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry... see more

TSX:MCB - Post Discussion

McCoy Global Inc > Sell ASAP
View:
Post by WhisperingGhost on Feb 20, 2021 2:36am

Sell ASAP

Company close to collapse. Complete bag, huge layoffs coming. Whispers inside the banking community in Calgary. Watch out. The new director appointment from AltaML is smoke and mirrors. Bunch of thieves trying to seize assets on the backs of retail shareholders. Take your money elsewhere. This will be delisted within 18 months.
Comment by BuffetsProdigy on Feb 21, 2021 2:30pm
Are you short
Comment by Possibleidiot01 on Feb 21, 2021 5:57pm
Since I am not the person you asked the question of , I just want to say why would anybody short shares of a micro - small cap - which trades few shares ? Why would it be bad if options are in the money at 65 cents ; might it not encourage management to take actions that raise the share price so they can make more money excersing them and then selling at a higher price? As for accounting ...more  
Comment by BuffetsProdigy on Feb 21, 2021 6:48pm
I agree. I'm a shareholder and hope he shorts the hell out of it.  Maybe he's trying to manipulate the price one way or another..the balance sheet is fine and the market conditions are looking up.  Should be getting the annual report within the next few weeks. There's value here, just needs to be unlocked.  Perhaps we need a shake up...
Comment by Possibleidiot01 on Feb 21, 2021 8:03pm
i would be opposed to a shakeup. i understand what the company is trying to do; the strategy is straightforward. In a book about Warren Buffet - there  was a comment about the importance of management ,  the right industry can make bad managers look good and the wrong industry can make good managers look bad. Cyclical companies to me qualify as bad business (wrong industry). Given the ...more  
Comment by Possibleidiot01 on Feb 21, 2021 5:01pm
Disagree.
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