The original thread on this forum asked whether Mermaid has hit the sea bed yet
Well since then share price has dropped 20 per cent
I looked back a year to see what percentage of shares in Mermaid were being short sold - 0.64%
Almost a year later and percentage of shares in Mermaid being short sold had increased to 6.15%
I would suggest to ears to ground as far as guidance is concerned - because if everything is still going to plan this stock could shoot up 50 per cent on investors hopping on board and shorters scrambling to cover
the above is my opinion and should not be construed as investment advice
MRM Price at posting:
$1.34 Sentiment: Buy Disclosure: Not Held
