The last time MMA was in this price range was back in August 2006
Today it breached that level
Who would have thought such a successful company would get to these levels. I thought about buying in at $1. Then 90 cents, then 80 cents, then.......Luckily I did not. To those that have been shorting stock over several months - good call. Is the company a basket case. There are so many fixed costs which need to be taken care of. I have come to the conclusion we will see no further dividend in the short term. Unless those boats and employees are utilised, the bleeding could become fatal
Above is my opion and not investment advice
MRM Price at posting:
58.2¢ Sentiment: Buy Disclosure: Held