RE:Angles it seems to me you emphasizing Q results too much.Hey drunk@noon,
Thanks for your response, following and support of McCoy Global. Either way, if you are right or I am right, we are going to be winners holding MCB shares. It just depends on how fast it appreciates and when ... NOT IF, for which I am also sure of. Some people agree with me, some with you, some think I am early or that I don't know the MCB story or way .. oh but I do. I have had and played this stock for many years. I have purchases as low as $0.47, $0.61, in the seventies, eighties & nineties, at $1.08, $1.21, $1.45, $1.60, $2.05, $2.08, $2.21 and most recently in the $2.30's. I also have very profitable sell orders along the way, but I have always kept a strong key position in McCoy Global. And like I have said, I have recently made it the biggest holdings of mine ever. Plus, I have researched and investigated many things and reporting about MCB through lots of channels and sources, including many conversations and correspondence with MCB management, namely Jim R. He is fantastic at planning and executing his job and all MCB employees. Jim has also built a great team and made some key acquisitions and invested heavily in R & D over the years putting together the 5-phase roll out super product lineup. And yes, I am aware that program still has some time to come to completion, but as they have announced recently, which I suspect will be heavily reported this year end and first quarter ... they have been having a much higher and faster response along with some huge orders received from their ever-growing customer base. Mainly on the first three products (plus added regular product sales) along with fantastic test results on the last two part of the program. Please note on their investor presentation (January 2024) they have stated they now feel they can take a much larger share of the world Tubular Running Services system market – I believe they were aiming for up to a 10 - 20% share but now think they can achieve a 40% world market leader position … that is huge but backed by what they are seeing currently in their sales funnel, and large organization commitments. This is going to have a large effect on their sales numbers reported, profits and committed backlog. They have also announced strong customer demand to rent their systems, for which they are making happen, with their own financing which will really increase the bottom line. So, I am predicting a super strong 4th quarter and even stronger 1Q report, where I also predict they will double plus the dividend pay out. So, if knowing all that knowledge is putting too much emphasis on the stock right now ... bad me. I am sure you are probably aware of most of these things too but see it slightly differently. I guess we will see. And I am not saying straight up after March 14, or April 30 or May 10th (the key dates for MCB releases and events) but to noticeably trade up from where we are now .. in MCB way and fashion. That is also why I have been reporting the Cannell Capital sales. Had all that stock not been put in play, then MCB would certainly be well over $3.00 already. I hope we are both right in that MCB pops somewhat in March, April and May, plus holds and goes much higher over the medium and longer term (but in the traditional MCB trading way). Like I say, we are both probably right about MCB and I hope so. Go MCB! Good luck to my fellow shareholders. Again, all my own opinions and facts as best I know.
Angles