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McCoy Global Inc T.MCB

Alternate Symbol(s):  MCCRF

McCoy Global Inc. provides equipment and technologies designed to support tubular running operations, enhance wellbore integrity and assist with collecting critical data for the global energy industry. It is transforming well construction using automation and machine learning to maximize wellbore integrity and collect precise connection data critical to the global energy industry. Its core products are used predominantly during the well construction phase for both land and offshore wells during both oil and gas exploration and development. Its cloud-based platform and digital infrastructure enables digital product offerings and enhancements. Its real-time, remote data transmission infrastructure supports its ability to integrate, digitize and automate the historically manual processes of tubular makeup through its smarTR. Its smarTR product suite includes VTR Virtual Thread Rep, smartCRT Casing Running Tool, smartFMS Flush Mounted Spider, smartTong and smartTSA Tailing Stabbing Arm.


TSX:MCB - Post by User

Post by drunk@noonon May 03, 2024 10:52am
123 Views
Post# 36021620

My point is given the hudge upside, and limited downside

My point is given the hudge upside, and limited downsideeven though the stock may be flat to down over the next few quarters, such a senerio is a small price to pay for the very real possibilty of a 100-200-300% return on your money in the next year, year and a half.
I don't like to jinx things buy talking so positively about my stock, and their new equipment suite could be a flop for all I know. But given the risk/reward, one should load up and forget about it. Judging from the slow state of the oil service industry and given their outlook on the last CC I am expecting/hoping the stock stays between 1.70-2 for the foreseeable future. But one should be ready to pounce and pay up, if something happens to move the stock.
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